Sales Activity Released through August, 2010

Local stats thru August are now available. With very few exceptions, the number of active listings for the month dropped by much more than listings sold which indicates many cancelled listings. The number of active listings in NTREIS dropped by an average of twenty percent in August! The positive news to glean from this is there will be less competition for your current listings and our sales per foot is holding very comparable to last year.

WHERE ARE THE BUYERS?

It is unfortunate that the media has done such a poor job of educating consumers on how much a 4% rate can save them on a newer home. On a $200k 30 year note, the difference between a 4% and 6% rate is $244 per month. If you combine that with a more energy efficient home, individuals could be in a newer home easily saving over $500 a month with less monthly repairs bills. Our clients need to be better informed so let’s not wait for the media to do it.


Today's blog, brought to you by: Kristy Lohse, Alamo Title Company

For all of your closing needs, contact Kristy (817) 994-4419 or visit, Alamo Title Company. Alamo provides amazing customer service from start to finish...never more than a phone call away they are there for all your closing needs.