"Home prices drop into double-dip territory" is the recent headlne according to the S&P/Case-Schiller national home-price index which reports a glut of unsold homes coupled with weak demand.

While $1.0+ million transactions have fallen in Litchfield County by 38% in the first half of 2011, Klemm continues to lead the market with an overwhelming #1 market share by bringing buyers to Litchfield County. Klemm exclusively listed and sold the highest sale y-t-d countywide for $7.75 million, which is also the highest sale EVER in Roxbury. We also exclusively listed and sold the 4 highest sales countywide and 7 of the Top 10 sales countywide for the 1st half of 2011.

In spite of several large sales during the first half of this year, total dollar sales volume countywide has decreased 48% while median and average prices are down 10% and 15% repectively.

Although there is no urgency on the part of buyers, buying here is becoming more compelling as prices fall to more affordable levels and interest rates are at historic lows. And given the limited supply of quality inventory coming to market, the supply-demand imbalance will likely come in balance faster. Now's the time to BUY!

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