Spring is the best time to sell a home

When I meet with prospective sellers the question always is asked, when is the best time of the year to sell a house. Although houses are sold anytime throughout the year, springtime is definitely the best time to sell. Curb appeal certainly looks the best when the grass is green and flowers are in bloom. Statistics show that there are more buyers in the market when spring weather has arrived. The bar graph gives you an indication of the sales activity that occurs throughout the year.

It’s official - spring has arrived

On March 20, 2009 the calendar indicates that it’s now spring. To most it feels like spring when the days are warm and sunny and the forsythia and the daffodils are in bloom. In the real estate biz we recognize that buyer interest is rising by the increase of internet activity that occurs on our listings. Recently there has been a significant increase of visitors to the Real Living HER website.  

Fabulous opportunity

The 30 – year mortgage rate fell toward record lows on March 19, 2009 after the Federal Reserve made a huge purchase of mortgage –related securities. The combination of low mortgage rates and the first time buyer tax credit is an opportunity that should be taken advantage of. I just listed a home located in the Powell area. This home has been updated and is well maintained; it shows very well on the internet which has created great interest. 

Buying or selling a home

Most people that I talk to are curious about what is really happening in the real estate market. You can’t depend on what is said in the media; after all, those folks don’t sell houses for a living. There are two sides to a story. Yes there are sad stories of houses going to foreclosure and it’s a very depressing situation. There are many happy stories of joyful buyers purchasing a home at a wonderful value and at an unbelievable low interest rate. Most sellers are happy that their homes have sold. Homes are being listed and sold so if you are able to take advantage of these opportunities you should not delay.