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Spring 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 |
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Ross Brewer
Brewer Realty Services
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