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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Reunion. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 803-300-1450
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| Average Home Price | $350,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 20-25% |
| Average Time on Market | 10-30 days |
| Best Selling Price Range | $350,000 - $399,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Reunion is | Increasing |
| Seller Activity for the past 90 days in Reunion is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | Many bank owned properties list low, and take multiple offers |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | More than 50% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | Foreign buyers are having the toughest availability, but there are some possibilities. |
| Housing Inventory | Limited Supply |
| Inventory Comments | Bank Owned properties are being snapped up as they hit the market. |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Reunion! |
| Nearest Metro Area | Orlando |
| Housing Hot Spots | Most cities within the Osceola County area are considered ’Housing Hotspots’ |
| Average Sold Price | $350,000 - View Graph Trend |
Reunion Local News
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Contact Information
Ross Brewer
803-300-1450
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
30 yr. fixed rate: 3.90%---------------------------------
15 yr. fixed rate: 3.17%
30 yr. jumbo rate: 4.68%
15 yr. jumbo rate: 3.96%
Home Values
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Request More Information Let me answer your questions! Ask Me!
Ross Brewer
Brewer Realty Services
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 803-300-1450
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