Below are the monthly sales stats for August. As you can see, the sales price is even closer to asking price than last month, with Fox Farm even being above asking price (as happens often with bank-owned properties). This seems to be due to a combination of more buyer competition and more realistic asking prices by the sellers. Being the middle of Sept. already, we have pretty much reached the deadline to find a new property and close escrow in time to have the property ready for the beginning of the winter rental season (Thanksgiving weekend). So, for more information on vacation rental programs or if you are ready to have renters help pay your mortgage this winter, give us a call ASAP.
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