Activity is up! Currently, we are seeing more home buying activty than in previous months, in homes under $200k. I attribute this to the timing of expiration of the tax credit and where we are in the year. Typically early fall is still strong in sales, and this yaer we pulled most of the summer buyers into contracts during April – so they could qualify for tax credits. Now we are seeing those who simply weren’t ready to take action last April, coming out of the wood work and are ready for purchase. 4.0%+/- interest rates don’t hurt either!
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