Genesee County Home Sales for 1st Quarter 2007 915!

Of these 915 home sales only 331 appear to be foreclosure sales,

The average discount on non-foreclosure homes sold is 92.3% of ORIGINAL asking price. Not a bad number. This is only average but it shows that most home buyers are not going to get $15,000 discount on a $100,000 home or a $300,000 home for $255,000, maybe, but highly unlikely. If you are buying a home keep this in mind.

There are 5400+ active homes for sale in Genesee County tonight. 4801 of these Realtor listed homes are not foreclosures. This equates to a 24 month supply of non-forclosure homes for sale.

The number of buyers in the market right now is great. Our agents are swamped with buyers and the website traffic is way up, we have a pretty good idea what the market is doing and right now it is positive, buyers want to buy (some are a little unrealistic and taking to heart the article they read in magazines about sellers giving homes away) but the condition of the homes is the problem. Please fix up, clean up and get ready for buyers to come, we will bring them if the price is right and the home looks clean.

If you are listed with an agent, get with them to make sure the pictures of your home online tell the story of your home. Make sure you are priced right to the market conditions, if you are not and will not take less, take your home off the market.

If you are buying a home and you looked at 47 houses for sale and found the best available, don't offer 30 grand less for a home you just proved is the best available, the seller will not take it and the real estate agent will just reduce the price $15,000 and sell it for more than you offered to the next guy, you already acknowledged it is the best available. Not saying this happens. The point is for everyone to stop and think and not get wrapped up in the hoopla in the media.

Remember it was the same people in the media that now say real estate is crashing (it is not) that told you 18 months ago that if you were not neck deep in real estate that you were loosing the wealth battle. Make a long term decision on what is best for you and your family, pick a place to be happy and feel safe. And by all means use a ChangingStreets.com agent that appreciates all this....LOL couldn't resist a cheezy plug in the middle of a rant!