Inventories continue to be tight under $450,000. Why?
- The number of showings per month is higher than last year and we had the tax credit that drove the numbers up last year.
- Interest rates are ridiculously low
- Buyers are seeing that we're in (or slightly past?) the bottom and don't want to miss out on the low prices
If you've thought about selling, please call me so we can discuss your situation in detail.