Recap!!
The first 6 months of the year although challenging found our real estate market to be trending like pretty much like last year. We are noticing that homes seem to be sitting on the market longer and pricing is leveling off. We also see that of the towns we cover inventory is less than last year and sales are up. What I am finding though is that every real estate transaction seems more difficult with sellers thinking they are not getting enough money for their homes and buyers thinking they are paying too much. Once a price is agreed to then there is a whole other round of negotiations after a home inspection. Lots and lots of patience and cooler heads are needed to close the deal. I really feel that hiring an experienced agent is the most important thing that you can do.
There is good news! Interest rates which had been predicted to be up at least a point higher then where they are today are very attractive causing buyers to come out and purchase homes. If you are thinking about buying up what a great time to do that as well. Also it is a fabulous time to refinance if you have not been able to do so in the past. Should you need mortgage reps email me or call me for that info. I have a list of people that I recommend highly who work for really great banks, with really great rates.
As always it is my pleasure to provide you with the sales information. While we were switching around websites they somehow got lost but now you should be able to access them all . We have also added a few new fields for the number crunchers. I hope you enjoy the rest of the summer and as always please do not hesitate to reach out to me with any of your real estate needs. I look forward to hearing from you.
Warm Regards,
Maggee
To view the latest home sale figures, please click here.
