How is the Market? ... It's great!!

If the trend that we are seeing in these first 5-months of 2010 continues, this indicates that we are well on our way back to a balanced / normal Las Cruces Real Estate Market (neither a Buyer’s or Seller’s  Market).

82% of homes sold are under $250,000. Sales are brisk in this portion of the Market as reflected in the May sales, as well as the increase in sales for YTD 2010 vs. 2009.

Anyone considering buying a home in this price range should be buying NOW. Interest Rates are low, and your dream home is still available at a great price.

Our analysis indicates that buyers and sellers will soon be on equal footing. Quite possibly, if optimistic projections for the 2010 sales and listings are accurate, we could see a Seller’s Market in this price range in 2011.

The Market for homes selling for over $250,000 is an extremely strong Buyer’s Market.

If you currently are looking to move up to a larger home, and own a home in the under $250,000 price range, you will never find a better time to do this.Your current home should sell quickly, and you will be in a strong negotiating position to buy your new home at a great price, and even better, you will benefit from significant appreciation when this portion of the Market fully recovers.

The complete Current Market Analysis and Trends Report is available at:
http://www.HomesForSaleInLasCruces.com

For the latest Las Cruces news and Real Estate Information visit our Blog:
http://www.lcrealestateblog.com