Week Ending October 3rd, 2008
Congress followed suit this week by passing the Senates version of the Financial Crisis Bailout bill. It has been described by some as the salvation of the US Economy all the way to a Crap Sandwich. Either way, for the housing industry it should give relief to banks and home owners facing potential foreclosure. How fast will we all begin to see the effects of this bill? According to economic experts it won’t happen overnight. Somewhere around 30 days to 3 months seems to be the consensus. What are your thoughts on the Bailout Bill? Salvation or Crap Sandwich?
New Listings Taken During the Last 7 Days – 303
Accepted Offers (Pendings) During the Last 7 Days – 103
Homes Closed (Solds) During the Last 7 Days – 153
Average Sale Price of Solds – $162,856
Average Days On Market of Solds – 80
If you have specific questions about real estate for sale
in the Des Moines area, please feel free to contact me by Clicking Here.
and not intended as solicitation if you are already working with a REALTOR®.
There is no obligation or fee for any information on this blog posting.
in the Des Moines area, please feel free to contact me by Clicking Here.
Les Sulgrove, RE/MAX Real Estate Group
Information on this blog posting is for informational purposes onlyand not intended as solicitation if you are already working with a REALTOR®.
There is no obligation or fee for any information on this blog posting.