There are some signs that make me think we might be ready to crawl out of the "Post Tax Cut Nightmare" commonly known as the "Summer Market of 2010".
All of a sudden my listings that have been sitting with minimal action are seeing a flurry of activity. The interests rates who's historic lows haven't sparked massive interest may be on the rise and we may see a hurry up reaction. Could it be that you may miss out? Could it be that these low prices and low interest rates may start to go away. All the data supports that the lower prices are homes that need work and are in trouble financially. The nicer homes are maintaining some value and some are still sitting. These prices aren't rock bottom but they are affordable and may be hard to get down the road.
The Washington spending machine is slowing down and the artificially low rates can't last, I've read plenty of hints out there that we may see a jump in mortgage rates this coming up week. The debt commission report was no bed of roses unless you count the thorns. You may want to let your buyers know that these rates did hang around for a while but they may be getting away from them if they don't act soon.
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