I started the day off with a bang. It was a hair day, so I went in to Carlo's on West Genesee in Syracuse. The proprietor and owner, Carmen Logan, was celebrating his 75th birthday and looking great. A client brought in champagne, and there we all were, sipping out of plastic cups at 9:30 in the morning. I could get used to this!
Currently there are only 98 active listings in the Skaneateles area of the multiple listing service. Of these, 30 are in the Village and 26 are considered waterfront.
Two new listings came on. One is a lovely Village home priced to sell in the mid-$300,000 range. Another is just at the end of the Village for well under $200,000. I predict both will be gone by September 1st.
There are 12 properties marked under contract, none of which are new. Thirteen others are pended, with one new one, a home needing work but having a great deal of acreage.
We have now reached the magic number of 20 for closings! Very early this year, compared with other years. The latest closing was a small Village home.
The lowest priced house this year sold for $128,000 and the highest for $980,000. The median, as I am sure JT will ask, is a sale price of $269,000. Of real significant interest is the fact that 40% (8) homes that closed are Village homes. They seem to be selling well - is it the gas prices or just the houses themselves?
Please consider buying now. The rates are the lowest they have been but who knows when they will rise. You can get so much more house than you can for the same price even at 5% interest. Do not wait! Consider this a warning!
I hope you have realized by now that this is an April Fool's Day blog. The actual date of publication was April 18, 2012. I like going back and seeing the prices, the comments - "Do not wait!" I wonder how many heeded that warning and bought then. I can imagine they are doing quite well. Carmen is still looking great, by the way....
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