Like everyone else, I can't believe we're already at the end of the first week of August! And yet in the midst of summer activities -- baseball games, biking, parties, festivals, fairs, cookouts -- I've seen my real estate sales hold pretty steady over July. You can see from the graphs below, that the same can be said about Ozaukee and Washington counties, as well.
Overall inventory is still plentiful, and interest rates continue to stay below 6%. This is still a great time to buy a house or condo, especially for first-time buyers who qualify for the $8000 credit. Remember, though, that you must close by November 30, 2009.
Opportunity is knocking...are you going to answer the door?
Looks like a nice rise.
How does this compare over the last couple years?
your friend in Charlottesville Virginia!
Hi Peggy. Great reminder to get out there and buy before the credit expires.
Charles -- Our sales and prices are definitely down over the past few years, but it seems like perhaps the worst is behind us. I have to say, though, that we have been incredibly fortunate, in my opinion, in that it doesn't seem that we've been hit as hard as so many other parts of the country.
Gary -- Yes! We are definitely seeing 1st time buyers "getting off the fence."