Wednesday, December 23 2009
Chris Dickson, president-elect of the Evansville Area Association of Realtors, said he believed that the federal incentives, both for the first-time home buyer and the second-time home buyer, will keep the market in the Tri-State active in the first quarter of 2010.
"The first half of 2009 was very quiet in residential sales, but the last half was much stronger, and that indicates upward movement into 2010.
"We're ending the year strong and looking forward to continued growth."
Dickson, a sales associate for ERA First Advantage Realty Inc., said he believed we've "been through the bottom and now we will be moving on. ... It is a good time for both buyers and sellers. There is a lot of buyer interest now."
Bob Reid of Evansville-based Appraisal Consultants said people wanting to buy homes is historically strong and constant.
"When we have external forces that we have had, that slows sales activity; the demand continues to grow even stronger."
Reid said in an overall look at the market, the number of sales and sale prices are running true to numbers seen in 2008.