I wanted to share the February stats of our Residential Real Estate Market according to our MLS.
In Feb. of 2008 we had 100 transactions in Henderson County. In 2009 we were down 45% to 55 transactions. The total volume was also down 45% and the only good fact that I see is the Average sale price remain the same in 2009. The days on the market increased to 125 days this year vs. 101 last year.
Please remember that Rates are still low Banks are lending and if you are looking to buy a house now is the time!