The housing market seems to be looking up! Jean (our Realtor) says that she has gotten quite a few calls this week from buyers who are looking for houses in the area. She also said that she has spoken with other Realtors in the area whose phones are "ringing off the hook" from buyers. That is some good news! This time of year is notoriously bad for selling a house but according to Jean buyers who are looking now are usually more serious...not your average "lookie-loos".
Apparently the lowered interest rates have made it more enticing for buyers.
This is an article on the web from yesteray:
"The decline in mortgage rates and the slowing in home price appreciation, along with the buildup in inventories, has led to a much better situation for home buyers through increased affordability as well as more inventory to choose from," he said. "Households are saying on surveys that home buying conditions have improved notably, and that has coincided with the stabilization in home sales." (USA TODAY DEC 6, 2006)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment