In sharp contrast is the under $200,000, that seems to be humming along pretty nicely. Sales in the price range seem very quick and the good homes still go fast. There is still a huge market for starter homes in fargo moorhead that has not filled by the home builders. The only real area being filled by home builders are the twin homes in the starter home market. Existing homes in this price range will remain popular for the no specials, an no hidden costs. For this reason the existing starter home market will remain strong for the foreseeable future.
The over $300,000 could turn around soon with stable policy from the Federal Reserve, on the other hand it could be a real estate bubble that popped. We will have the answer next year I'm sure. If you need any advice on this or have a home to sell feel free to contact us at Modern Market Realtors.