The big picture is always important, but sometimes it's interesting to see the small picture, a specific segment of the real estate market. Today's snapshot deals with entry level homes price under $100,000 in Bloomington's northwest section of the city using the following stats:
- Sold from January 2009 through May 2009
- Single family homes
- Priced from $50,000 to $100,000
- Located in Northwest Bloomington City
- Stats from BBoR MLS
There were a total of seven sales. Five of the homes sold below $75,000. If you keep in mind the low interest rates and the $8,000 tax credit for first time home buyers that buyers will be able to use for their down payment, so many new residents of Bloomington can afford to buy a home. Call a lender today to find out if you qualify.