Though we would all like to say that real estate is selling like hot cakes, the facts are that as long as there is movement then there is a market that can satisfy both buyers and sellers.
Years ago, when interest rates where starting at 17%..yes 17%...homes weren't selling like crazy, but we made many buyers and sellers happy. For whatever reason the makes a market slower then what many would like to see it, we are still far from the worse it "could be".
Location, location, location is a saying that is known to almost all of us, but when a market is "tighter" then not, one ore two of the those important "locations" is now replaced with price.
Which is not a bad thing. It becomes a fair thing.
Yes, in a perfect world, we as humans would love to get the most money that is coming to us, and pay less then what someone would like to sell it to us for. What this market does, BECAUSE THE INTEREST RATES ARE AT AN ALL HISTORY LOW...IS FOR US TO GET LESS AND PAY LESS..
WHAT IS WRONG WITH THAT? IT ALLOWS EVERYONE TO MOVE ON,,,THE MOVE BECOMES SUCH A FINANICAL BENEFIT BECAUSE OF THE LOW INTEREST RATES..WHICH IS WHAT STAYS WITH YOU AS THAT BUYER FOR MANY YEARS.
So, when people ask me "how is the market", my reply to them is, it's a market like we've never seen before, but on the same hand, it is a Fair market.
If you would like any other information regarding the market in my area, please don't hesitate to contact me.
MAKE IT A GREAT DAY!
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