There are Buyers Out There
Since mid December, buyers have been out looking at homes with much seriousness. . Though they are waiting for the economic signs that the housing market has bottomed, they want to be ready to act on the home of their choice. The greatest activity has been at newer and “turn key” homes
Buyers are still “sitting on the fence” but there are factors which should knock them off into action. Mortgage rates are very attractive, though down payment and credit requirements are now stricter than in the past. The high inventory will offer buyers more choices and some price negotiability. Low-balling may not be the best route to a purchase. Rely on your buyer agent to give you comparables sold properties for that home you are pursuing.
The most active buyer clients include, buyers who have already sold a primary residence and are now in a rental holding pattern, young families from NYC , returning ex-patriots, and first time buyers. The stock market decline has caused many other buyers to postpone a home purchase
With a new administration in place and more focused efforts to resolve our economic changes we anticipate a thawing spring market. .
A home is an investment you can live in.
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4 Responses to “There are Buyers Out There”
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©2010 Jillian Klaff Homes · William Raveis Real Estate · 47 Riverside Ave. Westport CT 06880
hello , i wanted to stop and say thanks for that blog post this is one of the best sites ive found in a long time.
Hi Kent: Thank you, I really appreciate your compliment. I’m always looking to improve my website. If you have any suggestions for quality content that I am not currently providing, please feel free to ask!
Where can I head to obtain cost-free, unbiased home loan suggestions? Virtually all over the place on-line is trying to sell us an item.
You should consult with a reputable mortgage broker who is knowledgeable with the lending practices and products available for your market area. Mortgage brokers typically would not charge a fee for consultations. Get a recommendation from a local real estate professional/Realtor in your area.
Here in Westport, CT I highly recommend John Grosso at William Raveis Mortgage, LLC.