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Fall Market

September 24th, 2013 1:38 PM by Rob Robbins

We are having a beautiful fall and I am looking forward to how the market responds over the next few months. Interest rates have eased back a little which will help the buyers over the next couple of months. I still fully expect the rates to rise over the next several months and settle over 5%.

Inventory has dropped again heading into fall. This is good for the sellers. The market will be active through December 15th with plenty of time to get your home sold before Christmas. If you are wanting to sell I would get it on the market asap. 

Traditionally fall buyers are financially strong and if they are looking at real estate they are ready to buy. They are looking for quality and expect well maintained properties. Many are cash buyers!

New construction homes are selling before they are finished. We still only have a few builders able to build spec homes. We are starting to see new custom homes being built also. All signs are showing progress.

It will be exciting to see how our market does over the next few months.

Posted in:General
Posted by Rob Robbins on September 24th, 2013 1:38 PM



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