February 2015

There are 2 blog entries for February 2015.

This week’s blog is taken directly from “Keeping Current Matters” blog. A very helpful resource for today’s buyers and sellers. http://www.keepingcurrentmatters.com/blog/

If you are planning on becoming a homeowner, or moving up to the home of your dreams in 2015, here are four great reasons to consider buying a home now, instead of waiting until spring.

1. Prices Will Continue to Rise

The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects appreciation in home values over the next five years to be between 11.7% (most pessimistic) and 27.5% (most optimistic).

The bottom in home prices has come and gone. Home values will continue to

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Many Sellers believe that Spring is the best time to put their home on the market because of the abundance of Buyers. However, the next six weeks also presents its advantages in this market.

1) Demand is Strong

  • The latest foot traffic numbers show that there are more potential buyers now than any other time in the last 12 months. This includes last spring’s flock of buyers.

2) Low Inventory = Less Competition

  • Buyer Demand continues to outweigh Seller Supply of homes. In other words, it continues to be a seller’s dream market. However, more inventory is expected to come in the spring, at which point sellers will see less return.

3) Quicker Escrows

  • Since most people buy in the Spring, Lenders and Underwriters are not backed up in the
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