I write this posting "winding down winter" as half the state has had winter storm warnings for the last week. I can say I hope that this is the last go around of harsh winter weather. Real estate has been goofy for about 2-3 years now. Unpredictable and stressful to say the least. September through January were by far the slowest months I have ever seen in the business & like a flip of the switch Febuary was back to normal. More sales and new listing followed by calls and emails from new clients and past clients have filled my life! This being a good thing of course! I am going to try and put some statistics together here soon to give y'all an idea of what our market truly looks like.
If you are thinking about refinancing your home or buying a new one but you are waiting to see what rates and the economy is going to do, I don't blame you! Here is what I see, the economy is in a little bit of grey area (charcole), interest rates are no different. Neither one can be predicted. The only thing we can do is live in the now which is reality. If rates are less than 5.5% you are crazy to be shooting for better. When rates were 6.25% everybody in there right mind was saying rates are great! Buy today and take advantage of these great rates! Okay, that being said they have been down to 5% and I still hear individuals saying "I'm going to hold out until they hit 4%". Personally, I wouldn't miss out on a great deal in hopes that it gets better. That is like taking a hit when the dealer is showing a hard 14. It's crazy! Think about it, 5% is unbelievable! Okay I'm done with my ranting and raving! It is Saturday and I am going to enjoy my kiddos and relax! Have a great weekend!
Saturday, February 28, 2009
Thursday, February 26, 2009
March Madness!
We are days away from March Madness. No I don't mean NCAA tourney time. I am thinking this may just be the busiest March in real estate that I have seen. Febuary turned out pretty good for my office we turned in around 80 sales or more and I myself had 5 which was great. With prices as good as they are and buyers more ready than ever I am anticipating more and more transactions. I am seeing an abundance of activity at open houses and on my website (www.centraliowalistings.com).
The $8,000 tax credit for first time homebuyers is great! In addition to that, I have a lender who has dollars to grant first time buyers in addition to the $8,000. Of course you have to call me for the details ;). Anyway, I am lacing up my shoes tight so I don't miss step in the busy days ahead!
The $8,000 tax credit for first time homebuyers is great! In addition to that, I have a lender who has dollars to grant first time buyers in addition to the $8,000. Of course you have to call me for the details ;). Anyway, I am lacing up my shoes tight so I don't miss step in the busy days ahead!
Subscribe to:
Posts (Atom)
