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May 25th, 2010 2:34 PM

Well, its been almost 1 month now since the federal tax credit has expired and the real estate world did NOT end. In fact, I find that the market is rather busy!

Yes, a lot of folks who were thinking of buying have bought a home to take advantage of the free handout from Uncle Sam. BUT... homes are still hitting the market and they are still being sold- so, the well is NOT dry!

In fact, not only are buyers out there STILL taking advantage of the LOW interest rates; home prices are rewarding sellers even more with the median price per home selling at about a 5% higher price than last April at this time. When home prices have fallen the for many consecutive months/years having an increase is surely a sign of rebound and recovery!

Take a look at the following short video to see the market for yourself!  Be sure to call me at 518-366-2856 with any questions and also  for market data for YOUR particular town in the Capital District!

Capital Region "Skinny" Video


Posted by Karen Jones on May 25th, 2010 2:34 PMPost a Comment (0)

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