What? Does this guy have an inside crystal ball? When web hosts give feed back to me that we are experiencing greater traffic this past month than a year ago, and I see increased showings on our listings, I start to wonder. Convincingly, I have heard, and been involved in a few multiple bids on homes for sale! Unbelievable, yet true, while I was showing properties in an area of many higher priced homes, those bargains were being shown in caravan style and sold in under 30 days. Foreclosures are sought after if you can wait it out. they are risky "as is" propositions, yet many will yield high turnaround $ to the handy 1st time buyer. Even upper end homes are being sold, a demand was not there until prices dropped so significantly, that make the trading up buyer forget the loss of their existing home sales. Seeing the daily swing first hand has me convinced we have hit bottom...let's get back to work!
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