Sunday, September 5, 2010

September Housing Update

As of September 5 in The Forge:
For Sale
26 Homes
--20 3bdrm, 1 bath $255-$324.5K
--2 3bdrm, 2 bath $284.5-$299.9K
--1 4bdrm, 1 bath $320K
--1 4bdr, 2 bath $369.5K
--1 5bdrm, 2 bath $479K
--1 5bdrm, 4 bath $449K

Under Contract
8 homes
--5 3bdrm, 1 bath $225-325K
--2 3bdrm, 2 bath $286.9-$315.9K
--1 4bdrm, 1 bath $289.9K

Sold
5 homes
--2 3bdrm, 1 bath $285K
--1 3bdrm, 1 bath $288.4
--1 3bdrm, 1 bath $291K
--1 4bdrm, 1 bath $277.5K
Average days to put a house under contract: 75
based on the current homes under contract
Rates remain very low in the 4% range. Houses can be settled within 30 daqys on average.
This is a very good time to consider refinancing your mortgage if you rate is 6% or above.


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