Thursday, November 6, 2008

Nov. Notes

Hey Real Estate Fans, News hot off the press.......

Here is the scoop from the market conditions report by Chicago Title for Nov.
Apple Valley
788 houses listed
109 sold
7 month supply
Median list price $180k
Median ask at offer $160K
Median close $156k

So to overstate the obvious, the lower priced homes is selling faster that the higher priced homes.

Still a great time for first time buyers, prices low supply good.

But if you are waiting to hit bottom we are seeing some numbers go up. To be certain some areas still have to come down some. But the deals are out there.

Happy House Hunting,

Karen

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