The Buyers of March!
Posted by Help Now on
The market activity continues to improve! We're now heading into one of the busiest times of the year for home sales. Historically March has a large increase in sales and buyer activity. But we have a few obstacles we didn't have last year.
Activity has been increasing all year. The number of homes being purchased is increasing faster than the number of homes for sale is increasing. Inventory is running out and buyers are fighting over the good homes. If you want to sell your home and still be able to purchase a home at these record interest rates, now is the time to act!
If you live in one of these HOT zip codes, your home may be the pot-of-gold at the end of someone's rainbow. Contact me quickly while the demand in your area is hot. You can also sign…
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It's February so... where's the LOVE?
A Lawyer approached these struggling home owners with a promise of rescue. The lawyer told these struggling home owners that they had a good case against the bank. It's a lawyer, they must know what they are talking about right? They were told that if they paid the lawyer instead of the bank they would get their home free and clear and not have to pay the bank anymore.
If you have been watching the number of homes on the market, then you saw the trend: inventory has gone down. In fact the active inventory this month is 25% LOWER than last January. That represents the lowest supply of homes in a long time. Supply has definitely gone down!
2012 is off to a great start! Web traffic on real estate websites is up considerably. This means there are more people interested in purchasing homes.
The current inventory of homes available is remarkably low right now! Often times when buyers find a good home they have to compete with many other offers if they want to get the home. This is a great opportunity for home sellers in areas with high demand. How do you know if there will be demand on your house? Check out my Hot Spots where I track rising demand in local markets.
The housing market follows seasonal trends. This resource gives you a quick month to month comparisson over the past three years. It includes a year to date sales number so you can see how many more homes sold in 2011 versus 2010 and 2009. These graphs are broken down by Salt Lake, Utah, Davis, Weber, and Tooele Counties so you can look at the data most relevant to your real estate needs.
Last 18 Months in Depth
This break down provides an in-depth look at the housing market right…
