We all know the $8K federal tax credit has helped move some houses but are you seeing other buyers (non first timers) buying? The past 3+ months house prices have been on the upswing, home sales are increasing and it appears that houses are moving much quicker ( at least around here).
I have been buying foreclosed homes, doing a total renovation and selling them for the past 2 years and I am seeing houses move much quicker than say 10-12 months ago. I have my hand on the pulse daily since I am always looking for a deal.
It appears the inventory is smaller and sales are faster which is a very good thing for all of us.
Are you seeing houses move quicker in your market?
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