If you are considering the sale of your home this is absolutely an excellent time if your home value falls in the price range of $300,000 or below.  There is heavy demand around this price point and in some cases it is truly a seller's market. In fact, some properties are receiving multiple offers.  This is due to low interest rates, attractive FHA financing available in this price range and the $8,000 tax credit for first time home buyers.

If the home you are considering selling falls within a price range higher than $300,000, it may be more difficult to sell.  In fact the higher the price range of your home, the harder it is going to be to sell right now.  There is a clear cut line between homes being in a buyers market or a sellers market and the price dividing line seems to be in the $300,000 area. Don't look for any change here soon. 

Hamilton County looks like this:

There are a number of factors that will dictate the future of our real estate market these are:

1.  The national and local economy

2.  Mortgage interest rates

3.  Inventories of bank owned or other distress sale properties

4.  Extention of the $8.000 1st time home buyer tax credit (ends Nov. 1)

I will do my best to keep you informed in the months ahead.  If you are considering selling a home, let us know if you have specific questions about your home, your neighborhood or your options.