So far this year has been the best for sales and activity since 2005. The only other time our team has had this much activity in the past 6-7 years was the two months prior to the end of the government tax credit in 2010. This seems to be more genuine activity, not forced by a special program. Prices seem to have finally come down far enough, combined with more buyer confidence in the economy, and continued low interest rates that have real estate moving again. I have had several deals this year than involved multiple offers on both listings and buyer purchases. Their finally seems to be much more of a sense of urgency. The past 5-6 years buyers have always felt they were in total control and could wait as long as they wanted. Things seem to be common back to a much more balanced and healthy real estate market, which is good for everyone. Lets just hope it continues and we do not have a double dip recession.
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