A Word From the President

Thank you for visiting our FM Area Association of REALTORS® website. We saw a steady market in 2009. The year ended up with an increase in closed volume of 2.4% from 2008.  Around the nation markets were struggling with high rates of foreclosures and short sales,  thus bringing the price of homes down. However, we saw our average sales price increase 3% from last year. The average sales price for our area is $158,080.

We have seen an increase in the first time homebuyer market due, in large part, to the $8000 Federal Tax Credit for First Time Homebuyers and the new $6500 Tax Credit for individuals who have owned their home 5 of the last 8 years and are selling and purchasing another home. This will have a HUGE affect on our market in 2010. The deadline of April 30th, 2010 for having a signed contract will get buyers and sellers moving right from the start of the year.  Contact any REALTOR® for details. 

What an ideal time to purchase a home!  Interest rates have remained steady around or just under that 5% rate.   Find a REALTOR® to explain the benefits of buying or selling a home now. We can help you find the value of your home or find your dream home to buy.  Visit our new website for open houses at www.fmopenhouses.com .   

CALL A REALTOR® TODAY TO GET STARTED!

Peggy Isakson

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