August Sales Numbers for Harrison, Arkansas

I've just posted the numbers for August and they certainly give me hope! Although the total number of homes sold is down a little more than ten percent, total dollar-wise we were only two houses away from being completely even.

Here's an even more interesting morsel to chew on - the average sale price for the year is only down 1.9 %. But move your eyes up just a bit - for the past two months the average house price has increased from last year!

So what does that mean. Maybe nothing, maybe something. It could mean that the time to buy a house at the lowest price was three months ago. But then again we could see a drop in that figure next month. Me personally, I think it means that for the savvy buyer you can find a house for the right price now! Why? Because the market (really that just means the buying and selling public - you and me) typically takes a few months to adjust and to be able to see where we are or were.

In the end my suggestion is don't rush in to anything. Get your financing squared away first so that you know what you can afford. Then decide how much you should afford. What I mean by that is what happens if your work stops giving you overtime? What happens if you get injured and aren't able to work as many hours? Can and should are two different things and you should always be comfortable with your decision - even if it's comfortably uncomfortable!

Once you've got that figured out then you can find the home that best suits your needs and budget.

Blog ya' later!