Bargain Hunters Help Shrink Housing Glut

As the news on Wall Street continues to rumble there is some positive news in real estate sales. The over supply of homes on the market is shrinking as bargin hunters take advantage of lower home prices. On the Columbus MLS September monthly sales were only 1.5% lower than September 2007. What does this mean? Well for one thing mortgage financing is still available to homebuyers. With all the news of the credit crunch you might think it’s impossible but the numbers show differently. People are buying homes and credit is still available.

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