The Top 10 Reasons That We May Have Hit The Bottom

By
Real Estate Agent with Keller Williams Hudson Valley Realty

6-24-top-story

1. A spike in local sales activity.

2. Higher asking and selling prices vs. appraisal value opinions for residential properties.

3. More activity at open houses.

4. Shorter marketing times.

5. Reduced number of foreclosures and short sales.

6. Stabilized employment.

7. Fewer buyer incentives and seller concessions.

8. New construction starts.

9. “Move-up” buyers entering the market.

10. Apartments advertising renter specials.

 

 

 

 

 

 

For all of your Rockland County Real Estate Needs, visit me @  kevincavanaughonline.com

 





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Rainmaker
1,231,218
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Kevin--I hope you are right.  The Erie Times ran a similar story this morning about Erie's market.

See you again in the AR rain.

Jun 25, 2009 01:48 AM #1
Rainmaker
193,040
Scott Larson
First Weber Hedeman Group - Monroe, WI
SRES

Are the buyers taking advantage of this information or are they still on the sidelines?

Scott

Jun 29, 2009 03:26 AM #2
Ambassador
2,028,646
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Kevin, all good indicators, our area is still spotty in this regard but hopefully, the gaps will be filled sooner rather than later.

Jul 06, 2009 06:35 AM #3
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Kevin Cavanaugh

Lic. Associate Broker, ABR, GREEN
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