As reported for months, the local real estate market is in a transional state, with buyers gaining the upper hand in negotiations with sellers for the sale of properties. As I have been telling my clients for a while, if you are serious about buying a home there are some real deals to be made.
Today's local paper had an article about the how the median price had slipped a little more than 3% for properties on a year-to-year basis, with numbers of sales slipping 30% from a year ago. This, while the inventory of homes on the market has fallen from the previous month's totals, but risen significantly from a year ago. Readers of this Blog get this kind of news months earlier than the local papers, it appears.
What does the local housing market have to do with you? The answer totally depends on your individual situation. For some people, making a move in this environment makes absolutely no sense. While newcomers to this Blog might be startled to read the previous sentence from a Realtor, I am not your average Realtor. You probably expected some variant of the following: 'For some people, making a move by either buying or selling a home right now is the smart move'. Both statements are true, but again, totally dependent on your individual situation.
If you want a straightforward analysis of what you should do, call me at 661-312-9461 and we will make an appointment to get together and find out.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment