June 2010 - Posts
An article printed by the Associated Press stated that existing home sales dipped in May 2.2% despite federal tax credits. Many economist predict national home sales to be weak through the summer and then turn around in the fall as unemployment rates
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Currently in the Cabot area there are 28 foreclosed homes for sale. Some of them are pretty good deals. There are several foreclosures in desirable Cabot neighborhoods. The majority of the foreclosures are in the 100K to 200K price range. If you are interested
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Currently there are 465 homes for sale in the Cabot area. That includes all residential listings including mobile homes and manufactured homes. Below are some statistics of the homes listed in the Cabot area. 22 Mobile Homes listed. 4 Duplexes listed.
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May's sold housing statistics are a little skewed. There were several homes under contract in the Cabot area that were unable to close. Many home buyers in the Cabot area use a rural development loan. It enables home buyers to buy without putting
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Now that the first time home buyer tax credit has ran out there is still an incentive for home buyers to buy a home, that is low interest rates. Currently interest rates for most homes in the Cabot area are around five percent. Here are some examples
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