Bob Posner

I did a search of the number of houses  and condos in the Dayton area that have sold or are sale pending since January 1 of 2008. So far as of Valentines, day February 24th,  the number is 1037 homes. That is a big number. Every day the media is reporting bad news about real estate around the country but the market here is bustling. If you ask any local agent worth their salt, they will tell you that market activity is growing just like it does every year at this time. Houses are going on the market and there are a plethora of buyers out kicking the tires and writing offers. There are buyers out looking for good quality homes at fair prices.

The big difference I have experienced is there are a lot more bank owned properties on the market. So what, my buyers have more opportunities  if they are patient.  Bank owned are a little more competitive, and sometimes involve multiple bids but to the right buyers they can be very beneficial.

This entry was posted on Thursday, February 14th, 2008 at 12:32 pm and is filed under Dayton Area Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.