Just a quick reminder to everyone that even in these absolutely crazy times economically the housing market has a cycle. Every year the market improves for the first half of the year, remains reasonably stable during the summer months and drops during the holiday season. This year has been no different … so expect a slow-down and even though it was a Seller’s market in most of our market place for a while it probably won’t be during the holidays … AND THAT IS NORMAL.
What is does mean is that from now to the end of the year if you are a buyer this is a great to be out there. 4% interest rates are simply unbelievable. And even if the market stays sluggish with little or no appreciation, that kind of interest rate offsets all of that… it’s the gift that keeps on giving.