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Highlights from 2009 Market Review

The full 2009 Market Review is coming soon!
Here are some 2009 highlights to whet your appetite:
— April 2009 was the first time prices went up, year over year, in 4 years.
— Between December 2008 and December 2009, single family home prices were up 17%.
— Inventory for the low end market ($0-$85k) is nonexistent which means it’s a BIG sellers market.
— Inventory for the middle range ($210k-$460k) is about 6 months which means it’s a balanced market.
— Inventory for the high end (over $460k) is at least 20 months which means it’s a BIG buyers market