Well, what an interesting early 2013 real estate market it’s been so far! Home prices are on the rise in most areas and there aren’t enough homes to go around (classic supply and demand concept), AND mortgage interest rates are STILL at near all-time lows!
What does all of this mean? Well, home sellers who’ve been on the fence about putting their home on the market might should consider making the leap soon (since supply is low and sales prices are on the rise). Home buyers should consider buying now BEFORE the Spring season kicks-in and while mortgage interest rates are still so low.
In several cases, I’m having trouble finding available homes for my buyer clients right now. Do you know anyone who’s considering selling? I need to talk with them, please. 🙂
Have an awesome day out there!
P.S. Today’s graphic was provided by Bob Paulus of PrimeLending – he gives excellent service to my clients every single day! Thanks for all of your help, Bob!