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Back to work in this crazy market

As many of you know I took a brief hiatus to have a baby!  Phoebe Helen (family name, not named after the character on Friends) was born October 15, 2009.  Funny how this date is significant when it comes to property/real estate, fyi, your second half of property taxes are due that day.    

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Newborn picture                  Phoebe at baptismal in her bonnet, too cute            

 

Ok enough baby talk let’s get back to real estate.  When I left the market in October it was crazy busy with the first time homebuyer money set to expire November 30th.  John Gladis was filling in for me while I was gone and was working long days to get it all done.  Thanks John for all your hard work!  Then December came……….screeeeech, a true holiday slow down.  This isn’t too uncommon for the month of December, but people continue to buy and sell in December, see my previous post. 

Now fast forward to March 2010, the market has heated up to a rapid boil.  There are now tax credits for repeat buyers along with first time homebuyers.  New listings and pending sales are on the rise.  Currently there is a 6 months supply of homes (which indicates we are in a balanced market), for more stats click on the Weekly Market Activity Report.  I will be taking time to blog in between feedings, diaper changes and writing offers so check back often. 

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