Soft Market? Stable Market?

With all of the negative media we hear daily, it is easy to believe that our market is bad. However, it really isn't. The local b-town market is slightly less in sales than it was a year ago, but it is much better than just five years ago. Think back when interest rates were 11% or even 18%..... today's rates being 5.5% or 6% is cheap money and allows you to buy more house and save a lot of money over the term of the loan.

In my latest training, I heard everyone talking about the buyer's market and the correcting market and so on. The B-town market although a bit on the slow side is seeing activity and the listings in good condition that are priced right are selling in a reasonable amount of time.

If you are thinking of selling, you must prepare your home to show well, update it, clean it and prepare for the beauty contest as your competitors may look better! If you are thinking of buying, pre-qualify for a mortgage and buy now while rates are low!