Funkhouser Real Estate Group
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Wednesday, February 6, 2008
I've changed things up a bit this month --- I'm starting to break down sales into four price ranges (as seen below) instead of three price ranges.  Several people mentioned that the $200k-$350k was rather large and encompassed too many types of housing.

Housing Supply - February 2008

As can be seen here --- the only price range that could be described as having a close-to-normal balance between supply and demand is of properties valued under $200,000.  All others are significantly oversupplied, with January 2008 sales that aren't too encouraging!