All the possibilities in this real estate market place
Every market offers unique opportunities to those buying, selling and investing in real estate.
With homes being such a personal commodity, the purchasing and selling of them such an intimate activity; although it mimics retail in that there are buyers and sellers, residential real estate is unlike any other retail industry.
Finding the words to describe the experience is quite a challenge.
Exhilarating. Stressful. F r e e i n g. Joyful. SUSPENSEFUL! Nail biting. Daunting. FUN! and let’s not forget – EXCITING!!
In the current marketplace would you include dizzying heights; like when your offer to purchase is accepted, approved and set to close? Or what about those abysmal lows that occur when a house you want is bought by another, or when your offer is rejected?
H.O.M.E.
Habitat Of Many Experiences
Haven On Mother Earth
The domicile where your dreams and hopes are lived out and your fears and stresses find a sheltering haven.
House Of Momentous Events; where as children we learn to tie our shoes, get our scrapped knee’s kissed, bring our first significant other to meet the relatives, perhaps even learn to dance in the living room and flip our first pancake it its kitchen.
HOME is the place we came back to day after day until we grew and left for good, in search of our own Headquarters Of Mega Enjoyment.
We in the industry talk about inventory levels, which are at all-time lows, causing stampedes at each new offering on the market. How these low inventories are driving sale prices back up to where they were 10 or so years ago. Yet purchasing a home remains affordable to most people, thanks to extremely low mortgage interest rates.
Existing home sales have grown by 1.8% over last year’s sales. This growth spurt is particularly encouraging specifically because it is occurring in the midst of low inventory levels throughout the state.
Median home prices have shot upwards, in some areas by as much as 24% over last year’s median price sale prices. That’s great news to those seeking to sell at this time.
HOME SELLERS: You’ve gained significant equity, making this the perfect time to move forward with your plans to upsize, downsize or move wherever your heart desires!
HOME BUYERS: Your spending dollars will go further with the incredibly low interest rates being offered. The Rent Costs vs Owning Costs are tipped heavily in favor of ownership, so don’t let this opportune time slip away!
INVESTORS: With inventory at all time low levels, a smart investor knows that fix and flip is prime opportunity to increase your portfolio. Don’t miss out on this terrific season of favorable chance!
Uncertain where to begin taking advantage of the great season of opportunity? Your local RE/MAX Alliance Associate can open the start gate for you.