Friday, May 2, 2014

Spring Housing Craziness Continues

Now that our weather delayed spring season has finally arrived, it seems things couldn't be better: no more snow for buyers to trudge through; more choices in homes on the market…even interest rates have softened by about 1/4%. Sounds like everything is in order right? The answer is... Maybe.

While new inventory is hitting the market daily, buyers seem to be coming into the market at an even faster pace. The result is no different than with any other product where demand exceeds supply: Shelves go empty and prices go up. Housing is no exception to this rule.

In markets like the current one, it is critical that you are prepared when you venture into the world of home buying and selling.  As a home seller, you want to be sure your home is prepared, staged and marketed in a manner that will get you to the closing table quickly. For those looking to buy a home, an experienced agent can help you construct an offer strategy to help ensure that your offer will be the winning offer...and that may not always be about the highest price. Things like loan pre-approval, reasonable contingencies and timelines, along with the best closing schedule to accommodate the seller’s needs all play into the process.

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