An article in The Florida Today newspaper this morning reports new home sales volume is still in a slowdown. The good news is that the sale of existing homes increased in Janury 2007 by 13% over the January 2006 sales. The median price of resales in Brevard County is hovering around $202,500 which is a little off the previous month. Home sellers who need to sell their home have reduced prices to bring the buyers. This seems to be the right strategy at this time.
Once again, I must state the obvious...... It is a good time to be a buyer!
The market in Brevard County continues to be a buyer's market. The inventory of homes available seems to be holding steady at about 7300+ active listings for single family homes. Add another 2500 or so condos and the choices are plentiful. Based on my recent experience activity among buyers seems to be picking up as spring and summer draws ever so near. This is, of course, great news for sellers. The good news is that with a high inventory sellers appear more willing to make concessions. Asking for closing cost assistance, a home warranty, down-payment assistance are just some of the tools buyers are now using. Of course the first step in the buyer's process is addressing the mortgage issue. If you have considered buying, please take that first step and call a mortgage lender or your bank/credit union. A pre-approval letter will carry added weight with any offer you make. Good Luck!
Very often we find ourselves facing change or challenges. Buying or selling a home is a situation laden with obstacles. Although each of these processes present different obstacles, we must not let ourselves get derailed by the challenges. In this market, presently a buyer's market, every person involved in the transaction wants it to go through. Buyers want a new home, sellers want to sell, Realtors want to assist, lenders want to loan money, taxing authorities want a new tax base... the list goes on! Each and every step of the process, regardless of involvement, can throw out an obstacle. The job of the Realtor is to help you focus on the destination and reach your objective and not get sidelined by the distractions that arise. Let your Realtor help you!
You are not selfish.....It’s really all about YOU!
Whether you are a buyer or a seller, IT IS ALL ABOUT YOU! If you are a buyer- What do you want to buy? Where do you want to buy? When do you want to buy? How much do you want to pay? When do you want to close? If you are a seller - How much do you want for your property? When do you want to close? Why do you want to sell? The list of questions goes on and on.....
Whether you are the buyer or seller, find yourself a Realtor who knows that the transaction is all about you. Your Realtor is a facilitator who needs to listen to you and provide honest feedback. Your Realtor needs to be available for you whether by phone, email or in-person. Your Realtor needs to understand you! After all, it is all about you! What can I do for you????!!!!!