Great article that shows what type of inventory is moving these days! Again sellers, if you can price things aggressively, you'll get the results of what you want.
Sub-$300,000 sweet spot for home sales - The “sweet spot” for Denver-area home sales continues to be for houses priced below $300,000. An analysis of home sales data by independent broker Gary Bauer found that more than 70% of the home sales were priced at $300,000 or below in the first 9 months of the year. Still, home sales in the price range account for a slightly smaller percentage of the total sales than they did during the first 9 months of 2009, as more expensive home sales have picked up this year. See the bottom of this article for a chart of home sales by county and price bracket:
http://insiderealestatenews.com/2010/10/sub-300000-sweet-spot-for-home-sales/
Tuesday, October 26, 2010
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