HAPPY SPRING....MARKET!

By
Real Estate Agent with Century 21 Alliance

Jim Cramer (Mad Money) predicted this to best the best Spring Market that we have seen in the past 3 years and, although he has made some bad predictions in the past,  I am agreeing with him on this one!

Let's be optimistic... Here are a few reasons why NOW IS A GREAT TIME TO BUY OR SELL A HOME!!

Buyers:

  • Some of the lowest Interest Rates that we have ever seen!
  • First Time Buyers Tax Incentives...$8000 is no joke!
  • Home Prices appear to be at more realistic numbers!
  • Inventory. Some of the unrealistic sellers have removed themselves from the market allowing for less frustration when finding the right home at a realistic price.
  • Short Sales & Foreclosures- this process seems to be getting a bit easier to deal with (depending on the bank) since many Realtors are becoming more educated on the process.

Sellers:

  • Lower inventory (and stale inventory) make this a GREAT time to list a home!  Be fresh on the market, list now and beat some of the competition.
  • Buyer incentives = more buyers, more buyers = more showings, more showings = more offers!
  • If you are upgrading you may get a better deal on the home you are buying because there are less buyers in the higher price points.
  • Downsizing? Sell now and cut your future expenses i.e. taxes, maintenance, insurance, etc. Why wait?  These expenses don't go away and when your home's value increases so does the home that you are buying.
  • You can also take advantage of some of the lowest Interest Rates that we have ever seen!

 

 

Spring market also means that the flowers are in bloom, curb appeal is greatly improved, people are tired of being cooped up in the house so they are out in abundance looking for their next home, & many people want to make their move over the school break in the summer so they start looking now.

I can tell you that we are seeing increased activity in Upper Twp. & Dennis Twp., NJ.  Now is a great time to make a move so if you know of anyone in and around Cape May County, NJ thinking of buying or selling please give me a call.  I can assure you that I am truly optimistic about the Real Estate market and I will do my best to help your referrals.

 

Kathy Manganello

Coldwell Banker Township Realty

Call me Direct at (609)780-3938

 

 

 

 

 

Comments (3)

Patricia DelaMotte
Nothnagle REALTORS - Henrietta, NY
Having the Right Agent Makes All the Difference!

Hi Kathy, I'm with you and Jim! I'm seeing signs in my office. The phones are ringing a bit more and buyers are actually walking through the door again wanting to see homes! How  refreshing is that? I think Cramer's prediction of the bottom of the market is now 99 days away! I am ever the optimist and choose to see the glass half full! Thanks for sharing your thoughts. 

Mar 24, 2009 08:39 AM
Kathleen Harron
Century 21 Alliance - Wildwood Crest, NJ

Hi Patricia,

It is nice to hear from someone else who is optomistic.  I own a home in Little Egg Harbor, my mother in law lives there.  It is nice to know that I have someone optomistic to turn to for any of my referrals!  Please keep me in mind for Cape May County and areas nearby.

Happy Spring!

Kathy 

Mar 24, 2009 12:34 PM
Frances C. Rokicki
Fran Rokicki Realty, LLC - Bolton, CT
Broker-Mentor,CRS

Kathy,

I am seeing and feeling the spring market.  More SOLD signs, more showing calls and yes, prices are falling, along with the interest rates.  It is a good time to buy!  I can actually see, that in the future years, someone is going to say to me, boy, I wish I had bought a home a few years ago!  Get out there and enjoy the ride!  Don't forget to keep on Blitzing!  Final weeks are going to finish Strong!  Stay with it and succeed for the entire year!

It's a Good Life!

Fran

Mar 28, 2009 03:12 AM