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Clifton Park, Saratoga County Real Estate. Is This A Seller's Market?

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Clifton Park, Saratoga County Real Estate. Is This A Seller's Market?

Existing-home sales rose 5 percent in 2009, and December 2009 sales were 15 percent higher than December 2008. This suggests many areas around the country are showing glimpses of a balanced turnaround for sellers.

Clifton Park, Saratoga County Real Estate. Is This A Seller's Market? Housing inventories have steadily declined - an indication home prices in many areas have stabilized and could soon return to normal appreciation patterns. Buyers still have good choices but are purchasing near the bottom of the price cycle with historically low mortgage interest rates. The first-time home buyer tax credit has also been a key motivator in moving sales along.

Clifton Park, Saratoga County Real Estate. Is This A Seller's Market? In addition, current homeowners who are in the market to buy a home can qualify for up to $6,500 if they have a contract in place by April 30, 2010, and close by June 30.

Posted Monday Feb 15