Monday, March 30, 2009

"there are not enough homes for sale for buyers"

From Kathy Stankard, a Franklin based ReMax realtor:

It means that homes are selling faster than previously expected, usually around 4 months, if they are priced right. The data also tells us some other interesting things:

  • homes priced under $450,000 are the most sought after price range
  • there are not enough homes for sale for buyers
  • homes are selling relatively close to their asking price
See the table of info that drove these conclusions here.

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