It's a Great Time to Buy!

As a buyer, it is good to know what the market is saying about buying property. Right now, the market is indicating that now is a great time to buy. I came across this article that offers some insight as to why. As an Accredited Buyer's Representative (ABRR), I like my buyers to be informed with the best and most current information out there about real estate. I am always here to answer any questions you have about the market, so please do not hesitate to ask. I look forward to working with you!

4 Reasons Why Buyers Should Be Happy. Copyright C 2014. The National Association of REALTORS(R). All Rights Reserved.

Buy an Existing Home, or Build a New One?

When in the market for a new home, are most people looking to buy an existing home or build a new one? While many people have no strong preference, more than a third would prefer a new home while a fifth would prefer an existing home.

 New homes have the advantages of modern features and, in the case of custom builds, those features may be exactly as designed by the family that will live there. A newer home also needs less maintenance and doesn't bear the marks of previous residents.

On the other hand, an existing home often costs less, offers traditional features, and is located in an established neighborhood. And if handyman chores are part of what you enjoy about homeownership, an existing home will give you the chance to fix things up with fun projects.

Trends in home showings and sales

Foot traffic in the form of home showings, as tracked by use of SentriLock lock boxes, has a high correlation with home sales. After a dip in the winter, you can see by the trend that this summer is going to be a good time for buying and selling homes!

The trend in foot traffic matches what the real estate site Trulia.com reports: the site had a record number of unique visitors in April, nearly 50 million. For more about that, read on: http://www.housingwire.com/articles/30026-trulias-traffic-spikes-in-april