Market Watch May, 2010
Great Interest Rates + Great Prices = Opportunity!
Impressive gains in new listings, pending & closed sales can be seen when comparing the March, 2009 to the March, 2010 real estate market statistics in Lane County, Oregon. Folks have been jumping into the market and taking advantage of the great interest rates and great prices. Lower median and average sales prices have been affected by the influx of short sale and foreclosed properties coming onto the market. These factors have provided great opportunities for first time home buyers and investors alike.
As spring leads into summer, there will continue to be great opportunities for those that look to purchase real estate. You've heard that old saying "Buy Low, Sell High". It's not just for the stock market. If you are looking to make the most of opportunities that exist in our local real estate market, give me a call or view properties for sale on my website at www.pamwindom.com Is it time for you to make a move?