In case you haven't been watching the market or noticing the rising of "pending sales" in your community, let me tell you….the real estate market is improving! Last month our office had 21 properties go pending in 21 days, which is so much better than it's been for the past 3 years. From my 25 years of experience, I know that just getting through this presidential election helps a lot. I realize it's part of the political process, but it's pretty challenging on the consumer to have confidence when the candidates keep talking about how the country is "going to hell in a handbasket" and they are the one to fix it…..yeesh!
New home starts are also increasing, which is great and impacts all areas of our community. It's wonderful seeing new projects again and knowing that the worst is behind us. I have access to all kinds of graphs and statistics if you want data for your specific area. Let me know….I love hearing from you!
If you're thinking of buying a home, you might not want to wait until spring to do it….inventory is dropping rapidly and rates have never been better….it's a great time to be a Buyer!