Indicators for 2010 Real Estate are encouraging! The volume of pending (recent) sales was up more than 35% from a year ago, making it the best December since 2006. Remember that once the current inventory of “bargain” priced homes sells, prices are bound to start going up again. Remember also that if you qualify for the tax credit, it has been extended, so there’s still time to take advantage of that bonus windfall.
My listings have now sold, and I am working on some great new Mercer Island listings. I’ll be able to tell you about them soon, In the meantime, please let me know if you have questions about what the market is doing in your neighborhood. I’ll be happy to customize a report just for you to keep you abreast of what’s happening there. I look forward to hearing from you and helping you and your family, friends and neighbors in the coming year. I have a great desk calendar for 2010 (that sounds so futuristic) if you would like one.
We just returned from a delightful cruise in sunny Caribbean waters with beautiful white sand beaches. Our great Mercer Island is still the best place to live, but it sure is nice to soak up some sunshine this early in the year. I hope your Holiday Season was enjoyable, and I wish you a healthy, happy 2010!