The stats for this past week are almost a carbon copy of the previous week, with 106 sales, versus 104 last week, and 219 new listings versus 217 last week.  The lion's share of sales were under $500,000, and while the Media continues to use their scare tactics to intimidate buyers in this "buyer's market", 19 properties over $1 million were reported sold last week.  Two of those were over $2 million.  

The word I am getting at Open Houses is that many would-be buyers are confused, and feel safer sitting on the fence.  If you are a buyer currently working with a Realtor®, ask him or her to prepare a current market evaluation within the parameters of your search.  You will probably find that we now have more data to establish a fair market price than we did a month ago.  Ask your Realtor® to calculate how much you are saving today, comparing with last year's prices, and last year's interest rates.  You may find the results shocking, and enough reason to make a more informed buying decision today, rather than speculating on what will happen tomorrow.