Potential Sellers apparently smell an opportunity as they rush to get their homes on the market. Just like Sales, Inventory levels exploded in April. I'd say they have two months to get their home sold. I hope they priced it right.
Wednesday, May 26, 2010
Used Homes 4-2010
Spurred by glib Sales Agents touting an expiring tax credit and an end to the FED's support of the mortgage market, April sales exploded to levels not seen since 2007. With mortgage rates still low and the credit set to expire at the end of June, I wouldn't be surprised to strong sales thru June. After that, anything goes.
Potential Sellers apparently smell an opportunity as they rush to get their homes on the market. Just like Sales, Inventory levels exploded in April. I'd say they have two months to get their home sold. I hope they priced it right.
Potential Sellers apparently smell an opportunity as they rush to get their homes on the market. Just like Sales, Inventory levels exploded in April. I'd say they have two months to get their home sold. I hope they priced it right.
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