How's the market at the end of the 1st Quarter? "Multiple Offers and Brisk Sales"

It’s the end of the first quarter and already 570 homes have sold this year. And another 547 are under contract to sell. Technically, this is a Sellers’ market and we are seeing multiple offers and brisk sales throughout the county. So, what’s going on? Simple:


1. Very little inventory (i.e., property) for sale—very good for Sellers.


2. Low home prices.


3. Historically low mortgage rates (3 7/8% - 4 1/8%)—very good for Buyers.

It’s unusual to have these conditions occurring simultaneously. If your life circumstances (or those of someone you know) would be improved from changing where you live (kids grown--time to downsize, new baby on the way--need more space, loss of a spouse or partner, marriage, divorce, job transfer etc., big bonus, reduced income) call me! I can advise you on how to structure your sale or purchase strategy to get the best of what this market has to offer.

My promise to you, and anyone you refer to me, remains unchanged: candid, truthful and professional real estate advice and services. Always!