About this time last year (Feb., March, April) we were approaching the expiration of the tax credit. You may see numbers in the news reports saying that real estate is down this year over this time last year. Those numbers are seriously affected by the tax credit issue!
Comparing sales numbers this Spring to last Spring is not comparing apples-to-apples. When you *remove* the tax credit from the equation, the graph below shows the home sales trend, and it is up,up,up.
The trend in Roanoke has been on a positive move upwards over the last few months. We are firmly entrenched in a buyers market, interest rates are still low, there are many "discounted" homes still available and inventory is still high.
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Providing the best results with the least hassle when buying or selling a house in Roanoke, Salem, Vinton, Botetourt, Franklin, Bedford or Roanoke counties. Visit www.RoanokeRealEstateTeam.com
August's Roanoke City Market Minute presented by Long & Foster
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Roanoke Greek Festival 2010, September 17, 18 & 19, come taste and share in the Greek experience.
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Donut Dash to benefit The Downtown Learning Center in Roanoke VA! A sweet way to help out.
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