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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