Thursday, April 09 2009
Market Watch For April 2009
Last month I promised I would have some good news in this issue of "Market Watch". Here it is:
Closed transactions in our area (I use statistics from our local multiple listing service) were up 25.1% from January to February.
Closed transactions were up 22.5% from February to March.
And the best news, even though it is not yet official, is that closed transactions in April will be up substantially from March. (I will give you the exact number next month.)
What does this indicate for our market? .... The housing market HAS already turned. Interest rates are at exceptionally low levels. Home prices have not risen significantly. If you are thinking about purchasing a home, now is the time. If you are a first time buyer, the $8,000 tax credit makes the next few months a once-in-a-lifetime opportunity.
To make your home shopping easier, we have added some new tools to our marketing capabilities. You can now dial 437-0247, enter the house number of any listing in our multiple listing service (not just F.C. Tucker Emge listings) and receive recorded information about that home, plus request more information from one of our professional Realtors, if you wish.
Next month I will tell you about more Tucker tools to help both buyers and sellers and give you updated information about recent changes in our market.
In our continued quest to offer more services, Kathy and I would like to invite you to sign up for your personal up to date market information on your home and those surrounding yours. Just click on the link below:
Please feel free to call me at 812-499-9234 if you have any troubles with signing up for your personal report.