Market Update Q2 2013: Buyers Pushing Back?
The market has come roaring back this year, with the shortage of homes for sale and low mortgage rates producing multiple offers for Sellers and frenzied anxiety for Buyers. Some Buyers are beginning to wonder if this pace can be sustained. Might they be better off continuing to save and waiting until the market stabilizes a bit? The recent increase in mortgage rates, as much as ½ % on some mortgage products, is only adding to this sentiment. For Sellers, thorough home preparation and shrewd pricing are critical to producing satisfying sales results. For Buyers, a re-examination of “must haves” vis-à-vis older listings that have been passed over, could yield the gem that others have missed.
Call me today for the successful insights and strategies you need in this market. My promise to you remains unchanged: candid, truthful and professional real estate advice and services. Always!
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