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Weichert Realtors Porter Properties
November 24, 2009

Auburn AL Realty Market Update

Auburn AL Realty market data has changed with the rest of the country. In the past few months the real estate market has really picked up steam around the country.

“Existing-home sales in October rose to the highest level in more than two years, driven by the popularity of a credit for first-time home buyers,”**. This boom far exceeded expectations and gave hope to the sensitive realty market. The Auburn Homes Market is no different.

With Congress extending the tax credit and expanding the bill into 2010, economists are anticipating the continual rise of the housing market and the economy.

Both the Auburn Realty & Opelika Realty markets have continued a strong real estate presence in the midst of the current economic situation and Weichert, Realtors® – Porter Properties has continued to ascend in Lee County becoming one of the top agencies in the community.

Opelika and Auburn Realty Market Data Video:

Weichert, Realtors® – Porter Properties has steadily turned out solid numbers in 2009 and continues to move up in all categories of Auburn Realty and Real Estate, Lee County. The company has increased its market share 34% compared to 2008 becoming the 4th largest Realty agency for real estate sold in Auburn, AL & Opelika AL. It also has increased listings, dollar volume and average sales price according to the Lee County Multiple Listing Service (MLS), making its presence known in the Auburn AL Realty & Opelika AL Realty area.

Since impacting in 2007 with Weichert, Realtors®, Porter Properties has really stepped up its sales side of the company hiring a well-renowned and extremely knowledgeable broker, Stacey Salatto formerly with Century 21, Paramount and recruiting multiple agents bringing new business to the company boosting the existing Realty agent’s morale and productivity. Weichert, Realtors® – Porter Properties, an Auburn Realty Company, looks forward to continue success in 2010 and is ready to assist their future customers and clients with all their Opelika-Auburn Realty needs.

**Source: National Association of Realtors (NAR)