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Is it a Buyer's Market or Seller's Market?????

By
Real Estate Broker/Owner with Crown Key Realty, Inc; Tracy & Mountain House Sales and Property Management 01490605

 

Is it a Buyer's Market or a Seller's Market?  This questions was recently asked me via a "Twitter"

My answer is YES! YES! YES!

This is especially true in my local area of Tracy, Mountain House and the Central Valley of California.

The buyer opportunities are amazing, interest rates are the lowest they have ever been in history.  Prices are at an 15 year low.  Why shouldn't buyers be buying?

As to Sellers, there are so many opportunities for buyers that many buyers are buying.  This leads to fierce competition for well priced, maintained 'tier' one properties.  Sellers are seeing multiple offers on properties, over asking price is common, and most properties are selling within the first 30 days on the market.

So the SIMPLE answer is YES!

If you're not in the "game" why not?  What are you waiting for?  If you are a seller looking to sell,  Sell LOW, BUY LOW_- you'll make up the difference in what was and what is in no time.

 

Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

I guess you could say in our short sale market we are both a buyers and a sellers market:) We get multiple offers and there is plenty of inventory:) Katerina

Mar 23, 2009 04:52 PM
Susan Goulding
Crown Key Realty, Inc; Tracy & Mountain House Sales and Property Management - Tracy, CA
Northern CA - Tracy & Mountain House Real Estate

Our inventory for the first time in 8 years is below 500 units. WOW

 

Mar 23, 2009 05:38 PM
Tom Davis
Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today ! - Dover, DE
FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor

Still a buyers market where I am :)

Buyers have a great opportunity to buy something at a great price right now!

Sales have recently gone up!

Thanks,

Tom Davis

Delaware Realtor

Apr 03, 2009 04:48 PM