The interesting thing about this buyer’s market is that there are a lot of buyers out. With a wonderful selection, low interest rates and new confidence about Real Estate it is a good time to buy.
First you have many sellers who have come to grips with the “new market price” for their home – not the 19% drop from 2006 but equal to the “good” market of 2001-2. With opportunity to move up or move on many are deciding to sell. Not a sacrifice or crisis move but a smart decision for their situation. …. And the opportunities on the “other side” are positive. So smart selling is back – well prepared, staged and market priced.
Second, the normal buyers are back. Not the buyer looking to steal a house or find a crisis deal but the buyer who has stood on the sideline for good reason: “the concern that any purchases made would decline in value 10% in 6 months”. With confidence of stability a pent up number of buyers are looking to make a Real Estate transaction that meet their home needs and desires but protect their investment equity.
So from the above sellers moving on and the pent up backlog of smart buyers looking for stability added to the normal new buyers and normal need driven buyers we have a market condition reflecting the answer to the title question: Yes! The demand for your home can be strong. Convince yourself you your house will sell to the first prospect – act this out in your preparation and pricing and it will happen!
Think it won’t happen to you? We listed five homes since March that sold in the first two weeks. Thanks for your referrals and relocation referrals.
Your comments, prayers and support for our oldest Grandson, Michael, are deeply appreciated.
We announce with great pride our youngest grandchild, Stella Kathryn Snyder born May 21st, to our son Matt and wonderful wife Tricia Blanchard. A New York City blessing. We are traveling to the baptism late this month.
God Bless our Men and Women serving in our Armed Forces.
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