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Market change

By
Real Estate Agent with 1st Class Realty AB066459

It appears that the market may be taking a good turn.  Buyers are looking and putting in offers which are truning into contract.

 

Lets hope this is the road to stablization that we have been looking for.

 

 

John Mayer
Oikos Realty, Cape Canaveral, Cocoa Beach Florida - Cocoa Beach, FL
Your Beach Area Expert

Any good news is terrific but I feel the market will fluctuate for quite a while. Any positive news will spur renewed interest and and of course negative news will have it's impact. It will be a roller coaster ride for quite some time.

Feb 05, 2009 02:19 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

I agree that there is an uplift that wasn't "there" in the Fall of last year.    Again, though, it's a very regional thing.     Are people worried about remaining in cash, with so much being printed/nothing backing same?    

Feb 05, 2009 02:27 AM
Alan Gross
PrimeLending, A PlainsCapital Company, Equal Housing Lender - Bethesda, MD
Loan Consultant

I have seen an upturn in people looking to buy homes. I have done pre-approvals for 2 in the past week and got an email from someone I have done business with in the past. They are currently renting. They looked last spring but stopped. They are actively looking again.

Feb 05, 2009 02:30 AM