Apr 24 2009

Low Prices Lead to Bidding Wars in Some Markets

This is an article by JAMES R. HAGERTY of the Wall Street Journal from 4/23/2009.
As we have been discussing, the low prices are generating accelerated sales activity in some markets.
The prices are still not going up due to the consistent pressure from bank-owned inventory. However as more buyers’ interest is present, it signals that the window [...]

Apr 14 2009

Increased Sales Activity Continues as Prices Get Low

Enclosed is the April Market Pulse from Orlando as per the Orlando Realtor Association. It was sent to us by Jean Gillen, our Orlando broker.
The trend continues with increased sales, reduced inventory and increased activity. All these indicators point in the right direction: prices are low enough to generate serious buying activity on the part [...]