This week in Bucks County Real Estate (12/18-12/25)

By
Real Estate Agent with Keller Williams Preferred Real Estate
     
   

Here is what has been going on with real estate in Bucks County this past week.

96 Homes have been listed For Sale this week.

68 Homes have had Price Reductions

83 Homes are now Pending

57 Homes have been Withdrawn from the market.

I have been keeping my eye out on the properties that have been going up for sale in the area, and it seems quite a few are heading for foreclosure. Hopefully, we will see more people shopping for homes who can take advantage of the current market conditions. There is alot of inventory, prices have dropped, mortgage rates are not bad, sellers are offering consessions/credits, and homebuilders are offering many incentives as well. It is a good time to buy a home for those who can obtain financing.

 

joe

Joseph Grabowski, Bucks County Association of REALTORS

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