Off We Go!
I'm watching workers take down the holiday decorations on the building across the street from my office, and, swamped returning calls, thinking about how our "spring market" seems to be taking off already. Odd. But if it wasn't so cold, I'd wonder where winter went because in here if feels like spring - it's that busy.
What's driving it? Pent up demand, for one thing. Lots of buyers lost heart last spring when the competition was so fierce, and then lost interest to the distractions of the summer, the election and then the holidays. Couple that with low inventory and I think a lot of folks put their move on hold.
Now though, interest rates have taken a little dip with a promise to rise this year. Of course, they have been saying that for a while, but some professionals who are a lot smarter than I am are saying they really will go up - and that is going to be stimulative. Very, very stimulative.
Everyone seems to be hopping off the fence at once.
Last year the market began - and ended - early too. The big market was wrapped up by the end of April. We didn't know it at the time, of course, but it's easy to see in retrospect.
Which is all a long way of saying that if you are thinking about a move this year, call us sooner than later. We want to be able to position our sellers to the best advantage and get our buyers settled before prices go up.
Happy New Year to us all!!
Barbara, Tom, Marc and Susan
Nalls Home Partners
No comments:
Post a Comment