As the Tax Credit came to an end, we had a great April we pending dsale gooing way up as expected.  Most consumers are asking so whats next?  With low interest rates and the low inventory expectation are that the local market will continue to thrive.

As allways for a specific market research feel free to contact any of our agents at (518) 435-9944

The Greater Capital Association of Realtors just released the February numbers and as expected the market continues on a recovery mode. I would not say the market is on fire, but I most definitely believe that our market is on a steady course.
Many people ask if it’s a buyer’s market? the answers is not, as far as I’m concerned there is not such a thing as buyers market or sellers markets, consumers buy and sell houses when they are ready to do so, sometimes takes a bit longer but eventually will sell, there are many factors that influence peoples decision making, one is are interest rates low enough, job security among others.
So the big question is what’s next? In my opinion the market will continue as people get used to the new reality and adjust to such…..

If you are interested on downloading the February 2010 monthly market indicators report, click here, as always feel free to contact one of our agents for a more in-depth report for your specific area.

Apparently change is in the air…  FHa is changing their requirements making it a bit harder to qualify, also of note is the First Time Buyer Tax Credit is due to expire in April and appears that will not be an extension.  This and other factors is making the market quite active.

The market continues a slow but steady recovery, the activity has picked up substantially in the last month, as allways feel free to contact us for a better understanding of the market: