Lately, the news can be filled with doom and gloom about the real estate market.  Of course, we know that there is not one "real estate market", but many many markets spread all across the country.  Some of those markets were overbuilt during the 2003-2005 boom years while others, like our own, are much more in balance.

We watch our local market very carefully on a daily basis.  We monitor the number of showings scheduled for a week in our office, how phone and walk in traffic is doing, how many and what types of homes go under contract etc.  We use that information to advise our buyers and sellers.

We have seen something very interesting happening.  Homes that are in good condition and priced to sell will sell!   We have listed three homes since the beginning of this year where the owners were transferring to other states.  Each of the homes was in good to excellent condition.  Their price points were $200,000, $300,000 and $339,000.  Each of these homes got immediate multiple showings and within two weeks, each was under contract. 

You won't find these stories in the newspaper, good news never seems to sell newspapers!

Buyers soon become experts on home values in their price ranges.  They often see many homes before making a decision and know exactly whether a home is priced well or overpriced.  They compare condition of homes and because of the number of homes on the market, they pick and choose the homes in better than average condition.

But the bottom line is, there are buyers out there and they are buying homes in good condition and priced to sell.