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The last four to six weeks of 2007 were painful. I spent lots of time "looking" with buyers, but no one seemed ready to commit and actually purchase anything. Everyone seemed afraid that prices would plummet, as soon as they left the closing table. Well, the year is over and the numbers are in. In my market, Westport, CT., unit sales and dollar sales were both up, for the year.
Perhaps, there are finally a few believers out there. Or maybe it's the FOMC doing their part. The news on the economy remains shaky, but the Fed cuts have left mortgage rates, looking great. In any case, the energy level has definitely picked up. I've had two listing appointments, in the past two weeks, and this coming Saturday, I have three sets of buyers (be careful what you wish for!!!) Hopefully, this time, the activity will translate into transactions.
Is anyone else experiencing the pickup in activity?
Servings Westport, CT
and the surrounding communities
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