Thurston County Real Estate Is Now Moving

I wanted to update you on what I learned today.

28% of Listed Homes...Priced under $240K...Are Under Contract; Almost All Within The Last Two Weeks!!

I have seen more properties that are "Subject to Inspection", meaning under contract, in the last ten days than I have since the summer of 2005. This prompted me to come back to the office and do some research. According to my search on the MLS, there are 132 listings in the Lacey and Hawks Prairie areas priced under $240,000. Of those 132 lsitings, 48 are either subject to inspection or pending sale (under contract). Thats 28% of the listed inventory...

Real Estate is ON Sale, Interest Rates are Great, and those who are paying attention are finding some great bargains.

If you have been waiting to "See what will happen" in the market, as many of us have been, we are seeing something happen!! People are realizing that Real Estate is a great bargain, it is a buyers market, and interest rates can't get much better (although Bernake has made rumblings of another rate cut soon...more good news!!).

I am sure you know that I am not an advocate of timing the market, I believe in buying value when you see it. We have some great values out there. The numbers above tell me that something significant is happening; low interest rates, good value, and pent up demand are the catalist. All of these facts are quantifiable indicators that there is movement in the market; increased sales volume can only mean one thing, and that one thing is positive.

I would love to sit down with you in front of the MLS and find the home you've been looking for...At a Fire Sale Price! If you would like to learn more please visit me at Phil Sharp Online.