This report compares the first three-quarters of 2009 to the first three-quarters of 2008. I am measuring the percent change of four key indicators; number of homes sold, average price, average days on market and the number of homes on the market. Clearly the housing market is down from last year with sales down over 20% and home prices down 2% with homes staying on the market an average of 20% longer.
Despite the number it still is a good time to buy with historically low-interest rates, good inventory levels and lower prices.
