Good afternoon,
As we are experiencing spring-like weather in January, the real estate market is trying to get jumpstarted with good news. The pleasant weather is encouraging buyers to be out looking at homes, but the reality is they are still looking and trying to gauge if this is a good time to buy or see if there is a further meltdown. My suggestion is to get loan approval based on locating a property as we are starting to see the bottem of several price ranges as the bank-owned properties are getting absorbed by qualified buyers. In some cases, the really prime homes are receiving multiple deposits.
If you are a seller-reality is showing you need to be priced at the same compelling values the bank owned properties reflect. Until these properties are absorbed by the market, buyers will continue to want those homes first, and now that those listings are closing-we have comps to work from to help the owners who need to sell set an aggressive price. The days of hoping an overvalued home will sell are over. I get asked daily when will things improve, and my positive, upbeat answer is "soon". The truth is my crystal ball is a little cloudy.
There are several very good homes that are not short sales, or bank owned that are available for sale, if you are interested in a current list of properties in any price range, please do not hesitate to email me and we will send you the requested information right away.
Have a spectacular day!
Shelly