HAPPY DANCE
How about a little bit of positve news for a change! The days are getting longer, the sun is shining more and Spring is here. The real esate market has picked up somewhat over the last few weeks. According to the stats from the Grey Bruce Real Estate Board, March 09 has surpassed February 09 sales in the Saugeen Shores area. In February, there was a total of 8 sales; 6 of them residential and 2 farm land. For the same time period in March, there has been 20 sales; 1 cottage, 1 commercial, 1 vacant lot and 17 residential.
It is my opinion that we are seeing an increase because the Sellers are pricing many of the properties to sell and are realizing that the prices have decreased from the last few years, there are Buyers out there who have been looking around for awhile and the availability of low interest rates; 4.05% on a 5 year closed was quoted to me by one of my mortgage brokers.
…a great way to start the Spring!
