It's really all about the numbers ! We hear all the bad news but let's look at the numbers and you tell me why it's not a great time to buy and why so many buyers in our area are doing just that.... BUYING RIGHT NOW !! ( and they have been for the last year)
* In 2009, there were 5227 homes sold, compared to 3,586 in 2008, an increase of 32%
* As of April 6,2010- Under $300,000, stick built- 2,528 Active Listings, 858 Not in Contract, 1,670 Pending Sales, that is 66% of listings under contract, with 1,031 sold from 1/2010. WOW, WOW.
The numbers tell the story, buyers are buying in record numbers !
( Data from Reno/Sparks MLS, Stick Built Houses)
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