In the last couple of years finding good information to share on the internet seemed hard to come by. However, I have been so pleased with our market over the last 6 months. Our 2010 finished strong with 5 of our listing selling all within close to listing price. It has been a great start to the year and the momentum seems to be getting stronger. Right now, our inventory is low, so if you were thinking about selling, get on it now, buyers have very few homes to choose from. We are starting to see our higher end homes selling more, in our area higher priced is $450,000 and up. Buyers seem more comfortable and have gotten use to the new lending practices etc. People have adjusted and seem to be moving forward.
We are still going to be seeing foreclosures in our area, the pre-foreclosure list is still about 2-3 pages. For information on that please contact me directly. Our REO properties are not selling for ridculious prices and are close to the list price. More and more sellers have adjusted to the market and they know that to sell they have to price it correctly.
Building is going on in our area low & high priced homes. Lake properties including Canyon Ferry & Hauser Lake are starting to see more sales. Which means lake view properties are next to go. We have beautiful neighborhoods all around the lake both Hauser & Canyon Ferry.