Did you know that this year's trending shows that we should be at or near the bottom of the classic bell curve? Take a peek at the stats above and tell me what YOU think - these numbers are directly from the RANWW MLS reported closed sales as of Dec 27, 2010. Closed properties do not have to be reported immediately, so there are more than likely some that have not made it onto the Dec stats. Overall, you can see that we are following a very normal curve - some ups, some downs but overal quite average. Why is that? Because no matter what CNN says, we are NOT CALIFORNIA OR FLORIDA! Traditionally, people in our area are financially conservative and as such we have not had the huge fluctuations in home values that our coastal brethren have faced. For example, a 1600sq ft ranch home in CA, depending on location, may have gained over 500% in value over the past 10 years. Can you imagine that happening here? For one thing, we do not have a multimillion person population center here, we are not crunched for space, and we have plenty of homes available in locations that provide easy access to our workplaces and schools. Add to that the power of penny stretching we've learned from our parents and grandparents, our famous regional patience while waiting for the "right home at the right price" and the craftsmanship that allows even small homes in our area to feel like great spaces and our housing market is exceptionally healthy as compared to national levels. Want more information? Call me today and we can discuss YOUR home sale or purchase!
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