How is the Real Estate Market Looking


As we fast approach the end of the first week of 2011, many people are wondering what is going on with the real estate market.  Especially if you have your home listed on the market now.

Well, here it is in a nutshell. 

Records indicated that for the week of Dec. 25, 2010 sales were down 3.3% based on the same time in 2009.  There were roughly 379 purchase agreements signed during that week as well.  There have been 657 new homes listed for the time frame of Dec. 25, 2010 which is up 43.7% from 2009. 

There are currently about 21,161 active homes on the market.  This number is up 11.5% from the same week in 2009.

What does this mean for persons trying to sell a home?

A.) You MUST have an agent that is working with your best interest & motivation.

B.) Your home must look it’s best INSIDE & OUT!  Get rid of the clutter, keep the walk ways cleared of snow & ice, limit the orders in the home.

C.) Since it’s winter, clear the summer clothes out of the closets! Make the closet space look as large as possible.

D.) Make sure your photos on the internet are current.  If it’s wintertime, make sure your photos reflect this.  You can have other seasons pictured, but make sure you have some of the current season.

E.) Work with the buyers agents when it comes to showings! Remember, when you get a call, you have a possible buyer! Let them into your home at the time they want.  They will be looking at more than one home and if they can’t get into your home at their desired time, they may not make it back at a time that conveniences you & your family or at all.

F.) PRICE IT RIGHT! Although, you have a price in mind, remember, you hired an agent to help you and they are the trained experts in this area.  They are going to do market analysis, watch what is happening on a daily basis, and work to get you the top dollar for your property. 

When THE SPIRITS TO MOVE hit, remember numbers are what count, so watch them, study them and be on the right side.

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