Average prices were up a whopping 9% so that if you bought an average price home in 2009 for $395,460 it would be worth $431,463 today. This once again proves the real estate remains a great investment.
What can we expect from 2011? A slight drop in the number of units sold with a modest increase in prices. The Real Estate Market will continue to be strong for the foreseeable future.
Are you thinking of moving in 2011? Get a jump on your competition and put your home on the market today. Yes, there may be fewer buyers around today than there will be in Spring but there is also a shortage of listings. If your home is well priced and shows well it may attract multiple offers.
I wanted to take this opportunity to wish you a happy, healthy and prosperous New Year and to remind you once again that I am never too busy to handle your Real Estate Referrals.
Your Friend in Real Estate.