Bumping this thread because I think it’s so similar to what we are talking about today.
Also, this (very strong sales last year) is why in the “spring 2009 prediction” thread, I thought we’d see a strong bounce this spring, but not as many sales as last year. BTW, how do this year’s sales compare to last year in the different zips? (if our resident realtors would be kind enough to help out here!) 😉
Sales are strong because prices are down and interest rates are extremely low. I’ve heard many people cite the $8,000 gift from taxpayers as a reason they are buying this year, in addition to prices/interest rates.
Anyway, it will be interesting to see how this year pans out…as always. 🙂
