Real estate expert Marie Walton, of Plano, Texas, is reporting a buyers market with dropping prices at this time. This comes on the heels of a reports that sales continued to decline in December.

And as sales have slowed -- inventory levels -- with active listing -- are on the rise -- though still not to levels to cause concern.

Marie reports to Realty Times that "the decline in sales is mostly in homes priced under $300,000.

For the week ending on January 20th, listings saw an average price of $343,000. Homes were selling, however, in an average of 75 days for around $270,000.

She says, "If you have been thinking about buying a home, now is a good time to do it. Interest rates have been rising, but are still at very good levels."

Published: January 28, 2008

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