Spring Is Here!
The Grass Has Ris'
I Wonder Where The BUYERS Is?
While the weather has been wonderfully mild this Spring. The Buyers are still very leery of taking advantage of the low prices and low interest rates. Sales in March continue to accelerate, but are running about one property a day, half of a normal March. www.Black-Bear-Realty.com had a very strong 1st quarter with over 2 million in sales.
The government's $8,000 credit for first time home buyers has not been a big driver in the white mountains since we are dependent on second home buyers. But, as more and more 1st time home buyers realize what a great bargain they are being offered it will get more homes under contract. Many will find it is cheaper to buy now than to rent, a good sign of the market bottom.
So get out and enjoy the Spring. The slow March sales are just "Water Under The Bridge!"
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