This weekend was busy in the first time home buyer price range of $100,000 to $400,000. I don’t have stats to report, but I can tell you that the office was super busy Sunday and Monday. I can always tell that the market is picking up when there are lines for the copier and scanner Monday morning as agents crowd in to process their paperwork.
The $8000 tax rebate is bringing out first time buyers in droves, and we’re starting to see dual offers on well-priced properties.
I don’t think this activity will last past the spring market. And, I’m not seeing much activity in the move-up range and luxury home range ($400-700,000 and $700,000 +), but they may follow as the first time home buyer properties begin to sell.
