Low to Mid Priced Homes Are Sustaining The Market
Scott P. Rogers
Home sales have certainly started to bounce back in 2010...
Skeptics certainly won't believe we're making any progress until we pass June 30th and the end of the tax credit season.
Big picture thinkers will want to delve into why our market has outperformed so many others across the country..
But now let's examine what is actually selling this year:
Sales of homes priced under $300k have increased compared to last year.
Sales of homes priced above $300k, however, have declined this year.
Is it because of the tax credit? Is it because buyers of sub-$300k homes often don't have a home to sell before buying? Plenty of possibilities --- but so far the market is looking strong for the spring and summer!
Skeptics certainly won't believe we're making any progress until we pass June 30th and the end of the tax credit season.
Big picture thinkers will want to delve into why our market has outperformed so many others across the country..
But now let's examine what is actually selling this year:
Sales of homes priced under $300k have increased compared to last year.
Sales of homes priced above $300k, however, have declined this year.
Is it because of the tax credit? Is it because buyers of sub-$300k homes often don't have a home to sell before buying? Plenty of possibilities --- but so far the market is looking strong for the spring and summer!
