The Saint Paul Condo Blog

March 11th, 2008 2:46 PM

February was a banner month for web traffic (March is off to a fantastic start as well), like I said a few posts ago.  Well, I'm seeing the results of the increased traffic.  I'm nearly booked solid this week with showings, and we accepted an offer today on one of our listings.  Even with the clamp down on financing, buyers are still buying.  What I have noticed - buyers with 20% or more to put down.  Six months ago almost everyone I was dealing with were putting down less than 5%.  It's an interesting shift.

I also am starting to wonder if the increase in gas prices are getting people to think about living closer to mass transit or their jobs.  Downtown scores high in both categories.  Very centrally located, easy highway access, and many job opportunities are some of the calling cards of Downtown living.

 


Posted by Bud Kleppe on March 11th, 2008 2:46 PMPost a Comment (0)

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