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Old 01-27-2010, 08:55 AM
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Default Villages Housing Market

For those that still wonder if the market in TV is changing. I have tracked the total number of VLS homes for sale for about 3 years. Today there are 450 available homes. About an average number based on the size of the market place. I have seen it as low as 390 and as high as 510. And there are about 9000 more homes for potential pre-owned since I started tracking this. So what has changed? Today there are 115 of those 450 resale homes pending. Meaning they have a valid offer and are waiting to close. I am sure a few will fall through for one reason or another, but more then 100 will go to close. That 115 pending is the most I have ever seen by about 25 homes. The market there is improving, prices are moving up, and sales volume is increasing. Good news for all owners, and a wake up call for those looking to buy, but waiting for the bottom to hit.
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