It has been a BUSY couple of weeks here at RE/MAX Lake of the Ozarks and Pat Welch Realtors. Spring is usually a busier time in Real Estate, and this year is proving to be the same.
I'm SO GLAD that people are acting on the government's "gift" to them as first time home buyers! BUT... the word is NOT getting out as much about the fact that there are WONDERFUL programs available for people who already own a home and are planning on selling it and buying another, or are purchasing a second home or vacation home! REGARDLESS OF YOUR SITUATION, this may be the best time to buy in our lifetimes!
We've all been showing more homes, working with more buyers, and talking to more sellers about wether or not this is the best time to sell. I think that half the sellers in Missouri and across the country have wondered the same thing, and I wish there was a clear cut answer...but there's not. You really need to talk specifics with your agent, and together decide what the best course of action should be for you. Just this week, I was working with 3 of my clients...potential sellers. For two of them, we decided that this was a GREAT time to sell because they are looking to purchase another home. But the third client bought his property as an investment a couple of years ago, and because the market for that property is down a bit and he doesn't need to sell, we've decided to wait and watch the market.
So if you're wondering about what YOU should do....talk to a realtor. If you don't have one, contact me and I'll set you up with someone GREAT in your area.