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Existing Home Sales Rise in December – Great News for Real Estate!

The National Association of Realtors reports that due to falling prices, sales of existing homes are on the rise! These sales were up 6.5% in December alone, going back to what we’ve been talking about throughout the past six months or so of economic conditions: Ready to buy? Buy now.

Foreclosed/bank-owned listings are on the rise, presenting buyers with many favorable scenarios for consideration. Higher inventory levels are pushing prices down, so if you’re a buyer looking to make a move, you’re not going to be short of choices.

Marketwatch has done an excellent job of explaining the inventory vs. pricing situation in their article here.

When you’re ready to make an offer on that home you’ve had your eye on, don’t forget to register with both Lowe’s and Home Depot’s “movers” programs! They’ll each send you coupons for 10% off your entire purchase just for registering. Just follow the links below. It’s great to see that in challenging economic times, these home improvement giants are ready to extend the savings to those who will appreciate them!
 

Home Depot’s Mover Program Registration

Lowe’s Mover Program Registration
 

As always, the staff at San Juan Realty Inc. – your source for homes in Ridgway, Telluride, Montrose and Ouray, Colorado – is ready and willing to answer any questions you might have about our beautiful region. Stop in when you’re in town visiting, leave us a note here on our blog, or use our handy contact form. We’ll get back to your promptly and see how we can be of assistance.

Until next week – 

The Staff at San Juan Realty, Inc.

 

Homes in Ridgway, Ouray, Telluride and Montrose CO - San Juan Realty Inc.

Homes in Ridgway, Ouray, Telluride and Montrose CO - San Juan Realty Inc.

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