Monthly Market Report: September 2010

It's that time again! I've got the numbers for September, and I'm ready to...report.

In September 2010, Lowndes County saw just over at 18% decrease in combined dollar amount of units sold compared to that of August 2010. However, when compared to September 2009, the area saw about a 1% decrease of the same. In September 2010, only ONE unit less was sold in Lowndes County when compared to September 2009.

While we did see a decrease in number, 1% ain't too shabby. (if you'll allow my Southern expression) We expect a bit of decrease when we move to the cooler months. Folks get busy with homework, football games, PTO, and LIFE, and just find themselves a little too busy to worry about purchasing their next home. A large decrease between August and September is pretty regular and expected. The "Summer Selling Season" has officially ended, and the itch seems to subside for many people.

In Lowndes County last month, agents listed 5% more homes this year than last, but again, it's nothing to get your feathers ruffled over.

Now is the time to invest in real estate, now is the time to buy! House payments are cheaper than rent, and they make you money in the long run!

...Oh, and FYI: Lowest interest rate I've seen came to me this week:

                                    2.375%!

 Yes, that's right. Seriously, it's almost free!