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How is the Market? ... It's great!

By Evelyn Bruder on Jun 9th, 2010
Topics: Community, Real Estate Info, Buyers

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The number of Single Family Home sales in May (145) is 34% more than April sales and 17% more than May 2009. Year To Date home sales for January to May 2010 are up 8.5% over the same period in 2009.

If the trend that we are seeing in these first 5-months of 2010 continues, this indicates that we are well on our way back to a balanced / normal Las Cruces Real Estate Market (neither a Buyer's or Seller's Market). 82% of homes sold are under $250,000. Sales are brisk in this portion of the Market as reflected in the May sales, as well as the increase in sales for YTD 2010 vs. 2009. Anyone considering buying a home in this price range should be buying NOW. Interest Rates are low, and your dream home is still available at a great price. Our analysis indicates that buyers and sellers will soon be on equal footing. Quite possibly, if optimistic projections for the 2010 sales and listings are accurate, we could see a Seller's Market in this price range in 2011.

The Market for homes selling for over $250,000 is an extremely strong Buyer's Market. If you currently are looking to move up to a larger home, and own a home in the under $250,000 price range, you will never find a better time to do this.Your current home should sell quickly, and you will be in a strong negotiating position to buy your new home at a great price, and even better, you will benefit from significant appreciation when this portion of the Market fully recovers. The complete Current Market Analysis and Trends Report is available at: http://www.HomesForSaleInLasCruces.com For the latest Las Cruces news and Real Estate Information visit our Blog: http://www.lcrealestateblog.com For All Your Real Estate Needs Contact: Evelyn Bruder, Associate Broker, CRS, GRI, ABR, E-PRO Las Cruces' Only Cyberstar CALL 575-650-7224 or TOLL FREE: 888-532-9069 EMAIL: evelyn@homeslascruces.com ************************** Evelyn Bruder, CRS, GRI, ABR, E-PRO, Las Cruces Cyberstar The Evelyn Bruder Dream Team http://www.homesforsaleinlascruces.com For more information about what we do and how we can provide all of your real estate needs, CLICK HERE We welcome comments and questions - CLICK HERE

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Evelyn Bruder
Evelyn Bruder Las Cruces Real Estate Dream Team
evelyn@homeslascruces.com
(575) 650-7224

141 Roadrunner Parkway Suite 141
Las Cruces, NM 88011

Steinborn & Associates Real Estate (575) 522-3698

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