Wednesday, December 8, 2010

Market Activity

We're one week in to December and snow is on the ground with more to come this weekend. The real estate market is typically slow in December and January due to cold weather and the holidays. During this time of the year, it is actually an excellent time for buyers to buy. Mostly, the houses on the market this time of year have sellers who are more serious about selling. And, what I laugh about often, it can be an ugly time for landscaping so if something looks nice now, just wait until Spring and Summer and you'll really like it!

We are starting to see interest edge up. Don't get me wrong......5% or 6% interest for a 30-year fixed mortgage is still outstanding, but under 5%, wow! Lower interest rates allow buyers to buy more house for the same money.

Our website has some buyer tips. Check it out...... www.CallChoiceRealty.com

0 comments: