Tuesday, May 28, 2013

Many Buyers Believe It Is A Sellers Market Now ~ Do You?

Depending on who I am talking with is what makes it a buyers or sellers market. It's a sellers market for multiple offers. But, I do feel that it is still a buyers market as well due to the lower priced homes and fantastic interest rates.

Really, is your cup 1/2 full, or 1/2 empty?

 The market is dependent upon how your are looking at it.

It is what it is. The market is appreciating dramatically. Not where we were in 2005-2007, but still jumping up there. As long as interest rates stay low, it's not so painful to see the values going up. But as homes increase their equity, the economy improves...yes, those home loan rates will go up. And, then, the market will lessen in the affordability index.

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