NAR - National Assoc of REALTORS update Oct 25, 2009

The latest numbers  just arrived from the National Association of REALTORS. Statistics indicate that 95% of the sales to date for closed units were at a price of $500,000 or less. This is compared to the same period of 2008. The average sales price for this same period versus last year has decreased by 11%.

According to NAR (National Association of REALTORS), 87% of all home buyers used the Internet to search for homes. 94% of home buyers aged 25-45 years use the Internet to search for homes.

Additionally, according to NAR (survey conducted in July, 2009), buyers found the home they actually purchased from the following sources:

Real Estate agent 34% (48% in 2001)
Internet 32% ( 8% in 2001)
Yard/open sign 15% (15% in 2001)
Newspaper Ad 3% ( 7% in 2001)

THEREFORE:   MAKE A STRONG PRESENCE For Your Home ON THE INTERNET !!!!!!!!!!!!!!!!!!!!!!!!!!!


Use Red-hot-copy and creative website advertising to include buyers to your home - And as usual, price and condition are very important indicators for a SALE in the upper bracket.

Thank you for choosing  Judy Lewin to assist you in this challenging and sensitive market.