All New about Real Estate isn't Bad!
Keep reading to see the good news about Real Estate.
The Toledo Board of Realtors calculated that the prices of real estate in Northwest Ohio remain well behind the 2008 level.
Jan. - May 2009 the prices prices in the region where down 19% while the number of sales where only down 5%.
May had a price decline compared to 1 year ago for an average $96,000, and the number of sales declined 3% to 381 sold.
This may look bad but think of it this way: we are comparing the market of a year ago when economic worries where not a #1 concern as they are today. Good News is that I have been seeing an increase in activity to my listings.
Opportunity to buy low while locking in low interest rates may be one reason for the activity increases. You are living in a Buyers Market, which is now getting attention by those who see this as a great opportunity. Always remember: if buying increases - so will prices!
For Many People - This may be the Best Time to Buy!
Buy Luxury - Low Prices/Low Interest
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