Market News
The real estate sales for this county have doubled since last year at this time! This is great news for everyone.
The majority of our buyers are taking advantage of the entry level housing market ($160,000. to $425,000. range). With recent changes to the FHA home loan programs, buyers are able to buy a home with little to no money down. (subject to seller credits)
The investors are also taking advantage of this market in the similar price range allowing the investors to see a positive cash flow in some cases to very little negative on their investment. This influx of buyer activity is causing multiple offers on many of the properties listed for sale.
The BANK OWNED properties are seeing the biggest reward, with shorter time on the market and multiple offers, the prices are going above asking!
Keep in touch for breaking news as we continue to update this page to keep you informed!
Scott Cary
PMZ Real Estate
