I’ve been watching the little pile of snow under the laurel bush at the end of our driveway, waiting to catch the last moment of its existence as a sign that Winter is finally over. I know I’ll never catch the exact moment because it’s always changing and it will disappear before I actually see it so I won’t be able to crow about my un-official beginning of Spring.
The same holds true for those Buyers waiting to see when the market will hit bottom. Before they’re able to recognize it the moment will be gone and prices will have begun to move back up.
A recent article in TIME presents a compelling case. Even if home prices drop by as much as 10 percent, a slight uptick in interest rates stands to raise monthly payments to levels that exceed or even cancel out the lower price!
Remember, It’s Always A Good Time To Buy Good Real Estate!
Did you see my Top 10 Best Buy List for this week? What!?! You don't get my list emailed to you? What are you waiting for...send me an email at homes@SusanSells.com and I'll send it right off to you. These 10 homes are great values and 10 sharp Buyers will get themselves a really great deal. But act fast...they probably won't be here next week. Don't let someone else get your best buy! Call or email me today.
Monday, April 14, 2008
Monday, March 31, 2008
Continued Buyer's Advantage Market Conditions
Months of inventory available is up 51.5% from December 07 to March 2008 in North Andover and up 48% in Andover for the same period, while year over year inventory levels are down 50% tempering a free-fall in market values.
Good selling opportunities are available this week in Andover with the % of homes going under contract month to month jumped up from 12 to21% February to March. Sellers must be priced and conditioned competitively compared to the top 3 choices in their category to sell.
In North Andover, the % of inventory going under contract is down overall since December causing sellers to have to price below all choices in the market to effect the sale they want. An expert agent representative, will
highlight their home on their Current and well-read BEST BUY List.
The best buyer opportunities this week are in the $700-800,000 range in North Andover with 42 months inventory and 13% of the inventory pending and $300-400,000 and $600-700,000 offering the best opportunities in Andover.
Months of inventory available is up 51.5% from December 07 to March 2008 in North Andover and up 48% in Andover for the same period, while year over year inventory levels are down 50% tempering a free-fall in market values.
Good selling opportunities are available this week in Andover with the % of homes going under contract month to month jumped up from 12 to21% February to March. Sellers must be priced and conditioned competitively compared to the top 3 choices in their category to sell.
In North Andover, the % of inventory going under contract is down overall since December causing sellers to have to price below all choices in the market to effect the sale they want. An expert agent representative, will
highlight their home on their Current and well-read BEST BUY List.
The best buyer opportunities this week are in the $700-800,000 range in North Andover with 42 months inventory and 13% of the inventory pending and $300-400,000 and $600-700,000 offering the best opportunities in Andover.
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