Why would you list your home for sale in 2009?
Sales are good in the prices to $220,000 price range. Surprisingly, homes between $300,00-340,000 are good too.
The public opinion is driven by the media. I have noticed that individual home owners and land owners are putting their homes on the market in large numbers in March and April.
Selling now has good reasons:
1. America has a new government administration. People are over the 4 year transition. It has an economic effect on how people spend money and have more confidence in the administration. The media is sounding like cheerleaders for the new President. If you watch the 4 year cycle, it is very predictable.
2. People have been waiting and fence sitting. Interest rates are down to 4.4% for a 30 year fixed. That is remarkable. Housing prices have dropped accross the board. It will cost you a similar to buy the next home when you sell yours. Plus you can borrow 105% so if your house depreciated you can finance your home.
3. The banks are hiring many mortgage experienced loan officers. I see a big refinance coming. Banks are hiring for Loan modifications to come.
4. April is a good time to list and sell. The serious buyers are buying. Why wait until all the public jumps in and gluts the market in May. There are three kinds of buyers: We want to be first, when my friends say so, and those who wait until the last minute. Where are you?
Summary:
The Real Estate Market in Clark County, WA is primed to have a good amount of sales. People want change. Spring is here and people want to get moving. The banks are stable. New funds are available.
Call me. I’ll list your property. I’ll advertise for you on the Internet, Realtor.com and Century 21.
Is it time to change your job, move closer to family or buy a vacation Home. I am here to help you sell and find a new home.