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October 24, 2008

Open House Event will gauge the market

Sunday, October 26th, Real Living HER is holding over 700 houses open in the Columbus market. These range in price from the 60's to over a million dollars and represent houses in all areas. The promotion includes coupons providing 1% discount toward closing costs by Real Living mortgage and publicizing the $7500 first time home buyer tax credit available through next spring. The Columbus market has cooled somewhat but is still a relatively healthy real estate market. The media and financial markets are affecting attitudes toward buying, but the truth is, there are real opportunities right now to get a great price on a home and interest rates are still around 6%. So, what to expect on Sunday? That remains to be seen. Attendance at the open houses will surely be an indicator of the market and buyer sentiment. Hopefully we will have a great turn out. Come visit my open listings at 384 Monterey Drive in Dublin and 5449 Metzger Crescent in the West Albany.

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