The latest quarterly report from the National Association of Realtors (NAR) indicate that condo prices showed resiliency.

With a 2% rise compared to 12 months ago. Regionally the Northeast is the best performing area -for the 3 months ending 9/30/07 - the median home price rose 3.2%. Locally, the Lincoln / Loon Mountain area is even less affected by downtrend.

So tell buyers if they are waiting for the bottom it has already passed. Excellent choices are available but waiting for a give away just isn’t proving to be prudent if you are looking for a special location, view or amenity to own. Now is the time to buy.

How often do I hear, I should have bought when there was good inventory? After every rebound we’ve had over the past 25 years… says Steve Loynd, the Managing Broker at Alpine Lakes Realty, at our Loon Mountain office.

Don’t wait till it’s too late.