Bain Real Estate East Cornwall 2019 January Market Report.
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While usually this time of the year is slower, the 2019 market is active; we have 15 transactions countywide due to close in the first quarter alone. Prices seem to be holding fairly strong, with most sales close to asking prices. This is a clear indication that the real estate market has finally rebounded from the depths of the Great Recession that swamped us 10 years ago. As the economy strengthened buyer confidence did so in turn. So, growth has ensued. A cautionary approach should be taken however, as daily the volatile swings in the world and nation are having considerable influence on buyers' confidence.
In fact, on the upper end o...
Dear Neighbors,
Bain Real Estate Sharon White Hollow 2018 December Market Report.
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Have we reached equilibrium between buyers and sellers since the Great Recession? Yes, the ensuing ten years have improved with buyers returning to the market; returning however with a tempered desire to purchase. Sensing caution sellers began lowering prices incrementally and making it more appealing to the buyers. As the economy strengthened buyer confidence did in turn. So, growth has ensued. A cautionary approach should be taken however, as daily the volatile swings in the world and nation are having considerable influence on buyers' confidence.
In fact, on the upper end of the value spectrum, t...