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Life and Times of Jay McGillicuddy


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re: The New Market
A buyers market for sure. Wait and see....once thi...

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Life and Times of Jay McGillicuddy

The New Market

Oct. 31, 2006
Categorized in: Real Estate
The market has changed to a buyer's market as opposed to a sellers market that we saw in the late 90's up until August of 2005. Once gas prices topped $3.00 a gallon we saw that buyers were no longer coming out in droves to buy homes. Home prices had skyrocketed and now more homes were entering the market place that supply was outweighing demand and we have seen prices fall and inventories rise like we saw in the early 90's.