These days it doesn't seem to be a motivational factor to be under contract
by the April 30th deadline. To be honest, I'm quite surprised that the month of April isn't sizzling like we all anticipated. Don't misunderstand me,
there was plenty of activity, with plenty of folks thinking about buying
or selling real estate. I guess I always prepare for more!
I am not concerned about the expiration of the tax credit. Yes it has sustained us, however,
it's not the end of the world. I believe most folks are evaluating their "Quality of Life"
and moving forward with their plans and dreams regardless. It always comes down to improving your lifestyle.
Buyers will still want that single home with the white picket fence to raise their family. Jobs will be offered in different locations that will have folks giving serious consideration to a potential move. And many folks will always consider downsizing. It never goes out of style.
Overall, it's improving yourself and your families lifestlye. I trust there's been a shift in the real estate market. If you are thinking of a possible move, now is the time. Low interests rates
and loads of inventory to choose from.
Of course, I have to mentioned the short sale volume. Yes...it does exist...AND... it's in your neighborhood. Don't think anyone area is immuned to it. It's happening and it's happening
closer and closer to home. Does this effect value? Of course it does. Overall, we're about 8-10% down on home values in Delaware County. This is a reality....but I do not want to alarm you.
If you haven't done a blessed thing to your home, you are not going to reep the rewards.
That's a plain fact. If you've done improvements to your home and the right improvements, you will see value. It's not rocket science...it's just being a good homeowner with values and of course,
"Quality of Life!"
Tuesday, April 20, 2010
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