My New Blog

With the release of the 2011 January Sales figures, it confirms that the market is a bit off compared to last January. Sales are down but.... the homes that did sell saw stablization in prices and even a slight 2.6% increase on average. Thats good news!

With spring coming and the normal "flood" of homes the season puts on the market..whats the guess now? Its still and will be a buyers market with almost 12 months of inventory on the market.

The "first time buyers" that were so prevalent last year due to the tax credit are no longer and  employment around town still has many uncertain.

Whats expected is a continued stabilization in the first half of the year and with a further increase ( all be it slight) in values. With so many homes on the market to lure those buyers that are out there; homes have to be priced right and outshine the competition in amenities and condition to get attention.

With the healing thats begun and the positive signals we have been seeing on price... lets look forward to a great spring- if this snow ever stops falling!

Here is a video that sums everything up nicely! Call me with any questions at 518-366-2856 or email me at karencares@nycap.rr.com

 Jan 2011 Market Report