02/13/2015
It's colder than a polar bears toes out there, but things are heating up!!! For me, and for the Real Estate market.
I've recently changed affiliations and have joined an amazing team of Realtors with Coldwell Banker at Cross Keys in Roland Park. I am truly excited with the move. Accessability of resources and team focus are my two immediate take aways from the move, and I'm looking forward to representing my clients with even more confidence as I move forward in my career.
As far as the current Market is concerned, there are some GREAT signs for a robust market come March/April when the thaw begins. Nationally, its just recently been reported that overall national home value is up 6% with an average value just north of $200k, and Mortgage Interest Rates are STILL at a Historical low.
To me, this is a sign that market corrections have been effected and effective, and that consumer confidence is rising. This also shows that both government and banks realize the importance of home ownership to the success of our economy, and are wary of pushing any major changes that could drastically impact consumer confidence and buying power.
If you are thinking of selling, lets talk! If you are thinking of buying, lets talk!
Sellers, you've got 6weeks to de-clutter and get some of those home projects finished so you can put your best foot forward when the market opens up in April. You don't want to be late to the dance!
Buyers, now is the time to get a good picture of your finances and visit with your accountant and mortgage broker to get pre qualified and be ready to put an offer down when these houses hit the market. There will be competition to be the first in with an offer, and if you're ducks are already in a row you won't lose out on the house of your dreams.
Get a move on, folks, it's gonna be a GREAT year!!!!