by: Harold R. Hawkins, CRB, CRS, GRI, Broker/Owner, Vision West Realty
REAL ESTATE MARKET CONDITIONS
Spring is here and market activity is picking up! We are seeing very good activity in the $225,000 and under sector of the market. While inventories in this range are declining, we have an adequate supply of homes in higher price ranges.
The price of gold has been rebounding and this, along with rock bottom interest rates, is encouraging buyers.
Interest rates are still at very attractive levels. My opinion, lenders are giving money away.
Good rentals are becoming harder to find.