On the Level or On the Fence?

By
Real Estate Agent with Long & Foster Realtors

On the Level or On the Fence? seesaw

With the good weather and low interest rates right now it is a wise buyer who goes out to look for a home.  Want that big house?  When prices and interest rates go up - that house will be just a dream. 

We are seeing lots of activity in Prince William County with our good prices, great schools and ability to go East, West, North and South with our major road systems. 

While driving to work I heard a comment on the radio that interest rates will be staying low for at least another year. Sounds good and maybe the buying community will think this means they can wait to buy. Unfortunately there is the other end of this see/saw - with inventory low the prices are sure to go up. It takes just a few comparables at a higher price to set the mark for the home you want. Why wait! Call me and let's go find that home you have always wanted!

 

 

BUYERS - Spring is here - be that early bird and get the worm  (I mean home!) or you don't want to be heard saying  "OH, NO, why didn't I buy a house sooner!"

oh no

Posted by

Caryl Dawson - Associate Broker- Licensed in Virginia, GRI, SFR,  Affiliated with Long & Foster, 7526 Limestone Drive, Gainesville, VA 20155. To contact Caryl, call 703-598-7801 or email caryl@caryldawson.com. Or you can visit her website: www.caryldawson.lnf.com Header photos taken by Caryl Dawson The opinions expressed in this post are those of Caryl Dawson, not those of Long & Foster REALTORS®.

Comments (7)

Lori Bowers
La Quinta, CA
The Lori Bowers Group

I am seeing the no sense of urgency here in La Quinta, California too. Buyers are 'thinking' and 'waiting'. I guess they are waiting for higher prices and higher interest rates?

Mar 24, 2013 03:16 AM
Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

Lowering interest rates is no longer working and I am not sure but if they jumped up then the rest of the fence grabbers may get off the fence.

Mar 24, 2013 04:04 AM
John G. Johnston
John G. Johnston & Associates, LLC - Westcliffe, CO
An Exclusive Buyer's Agent ~ Westcliffe, CO

Caryl  Great blog!  Who knows what it takes to get people motivated.  I can only assume the economy is hurting enough to stop major spending.  Who knows!  Re-blogged  Enjoy your day

Mar 24, 2013 04:52 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Prospective home buyers that do not take advantage of the current market may be missing the opportunity of a lifetime. 

Will you be attending the meet up in Lovettsville?

Mar 25, 2013 11:17 AM
Caryl Dawson
Long & Foster Realtors - Gainesville, VA

When and where? I am so new to this.

Mar 25, 2013 11:34 AM
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Now is the time to buy. Home prices depend on supply and demand, low inventory will push the price up.

May 15, 2013 02:21 PM
Caryl Dawson
Long & Foster Realtors - Gainesville, VA

Kwee,

6 months from now people will be sayingg "why didn't I do this sooner?"

May 18, 2013 05:29 AM