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Betsy
& John
Westman
1-888-220-9114
616-451-8989
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Heritage Hill Market Report - Single Family Homes
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Updated: January 26, 2010 |
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Active Listings: |
19 |
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Closed Sales (12 Months) |
20 |
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Avg. Sales per Month |
1.7 |
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Supply in Months |
11 |
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Current Median List Price |
$155,000 |
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Median Sale Price - 2009 |
$230,000 |
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Buyer's Market |
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Neutral Market |
6 month supply of homes |
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Buyer's Market |
More than 6 month supply |
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Seller's Market |
Less than 5 month supply |
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If you are thinking of making a move, this is an
opportune time. Interest rates will remain low through March and then
the Fed will stop buying mortgage backed securities. The Wall Street
Journal predicts mortgage rates will jump at least 1% after the Fed program
ends. The Federal Tax Credit for both first time homebuyers and move
up buyers will continue through April. When both programs end, Forbes
predicts a further 10% decline in values. Advice: Buyers looking
to finance should be active now. Cash buyers should wait until May when
credit has tightened.
Call us if we can be of help - 451-8989 |
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List Price |
Close Date |
Sale Price |
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537 |
Crescent NE |
$299,900 |
11/30/2009 |
$252,500 |
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583 |
Madison SE |
$329,900 |
11/25/2009 |
$320,000 |
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553 |
E. Fulton |
$94,900 |
10/26/2009 |
$85,000 |
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159 |
Lafayette NE |
$280,000 |
10/19/2009 |
$230,000 |
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532 |
Paris SE |
$199,900 |
10/5/2009 |
$199,500 |
Search for Heritage Hill Single Family Homes
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