Tuesday, October 22, 2013

While Existing-Home Sales Fall, Prices Rise

While Existing-Home Sales Fall, Prices Rise

Some buyers are waiting until after the first of  New Year 2014, some will wait until after tax day, April 15, 2014, and some will wait even longer. Waiting could cost buyer's more money to replace the home they are living in now with the amenities they desire,  replacement property location, and size of home. As interest rates rise, buyers will qualify for less in pre-approval purchase price amounts. Buyer's take the risk and possibility of paying more for increased property values with growing sellers equity.

The right time to sell or buy a home is when it i really right for seller or buyer. Conditions, market, terms, job relocation, kids out of school? When it is right for the client, it is right for me too.  I am ready to serve and work for successful closed sales transactions as your preferred professional Realtor when seller and buyer are ready.

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