This entry was posted on Wednesday, February 27th, 2008 at 5:35 pm and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Mason County WA real estate sales statistics are in for 2007. The median home price for 2007 saw a price increase just over 5% compared to 2006. The 07 median price was up, but the number of closed transactions was down 23% from 06.
Everybody wants to know where real estate is headed in 2008. Will prices continue to fall as they have in most areas of the country or will the American market rebound? Will interest rates remain stable? Will 2008 be a good time to buy or sell real estate? Here is my professional home buying and selling prediction for year. Yes, the market has hit bottom and now it’s making a comeback. 2008 will be a bounce back year, a great year with plenty of opportunities to purchase real estate at a great price.
When the market was hot I had countless buyers tell me how they wished they had purchased property before the market heated up and prices increased. For all those buyers, now is the time to purchase investment property! The will return, so will the high prices. Contact a Realtor Today!