Winter has arrived in the beautiful finger lakes region of New York. This usually signals the real estate market to slow down....but not this year. Something strange is happening. Buyers and sellers are changing their minds about real estate and the winter months. It seems that old man winter may have shed his stigma in the eyes of upstate buyers and sellers! I am witnessing a little flurry of listing and selling activity (excuse the pun). There are more closings this December, in our office, than there were last year at this time AND I have seen more listings come in this month than in October! And the really awesome thing---- these listings are going under contract in mere weeks; why? because 1. they are priced correctly 2. more qualified buyers are coming into the market 3. the market in Ithaca NY has the lowest percentage of subprime loans (NY times 2007)
So I welcome the winter months and the... ahem... flurry of activity it is brining with it.
-Lindsay Hart, Director of Marketing and Communications, RE/MAX In Motion Real Estate Ithaca NY
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Wishing You Merry Christmas and Best Wishes for a Great Year 2008.