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Archives
June 2006
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The market continues at a slow pace, with the number of new listings far outpacing the number of listings with accepted offers. The most active segment is in the $300k and under range. For instance, of the 14 listings marked as "pending continue to show" today, all but one were under $300k. The one exception was a 3-BR, 2-bath house in Stone Ridge on 5+ acres, with an asking price of $345k.
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Well, here goes. I've recently felt a need to voice my thoughts and opinions about the current state of the real estate market, those who practice real estate in this area, and the process of buying and selling property.
I've been a full-time realtor in this area since 2001, and a resident/weekender since 1990. Until now, I've only experienced a seller's market (more buyers than inventory); this is rapidly changing into a buyer's market (more inventory than buyers).
I love this area and I love houses. I get excited by everything from 18th century stone houses, cute bungalows and cabins, to cool contemporary buildings.
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