Remember Ally McBeal? She was the main character in the tv show of the same name popular in the late 90’s. She was the quirky Boston attorney who always had music (mostly Barry White) “playing” in her head.
Well…I’m feeling like Ally McBeal these days…I too have music “playing” in my head.
This spring market is barely underway and business in my neck of the woods is surprisingly busy already…buyers buying, sellers listing. Every day it seems I’m having the same conversation with buyers and sellers. Buyers asking for suggestions on what kind of offer to make on a property they’ve seen, sellers wanting to know the right pricing strategy for their home. This spring market has brought about a “new” conversation, about the “new” market we’re finding ourselves in this spring 2013.
If you’re a buyer looking for a “steal”, it’s looking like that window of opportunity is quickly closing. Inventory is shrinking, prices are stabilizing, the pool of buyers who want to purchase has grown. So, when you find the home of your dreams and you’re ready to make an offer, low ball probably won’t do. You have to be realistic.
You…Got To Be Real.
If you’re looking to sell your home this spring, you can take comfort in the market’s improvement. It’s true, the market is improving. Inventory is shrinking, in some areas and price ranges there’s even an upward push on prices. But you can’t let all this rosy real estate news go to your head and fool you into thinking it’s 2006 again. Recent comparable sales matter. Your competition and the current supply of inventory matters and the anticipated appraised value of your home matters big time. So, you have to be realistic.
You too…Got To Be Real.
Which brings me back to Ally McBeal. Ally had Barry White songs playing in her head. Well for me, it’s not Barry…. I have Cheryl Lynn in my head. In this already underway spring market, during my days of conversations with buyers and sellers I hear her belting out one of my all time favorites…and it’s the soundtrack for the Spring 2013 market…
The 2013 Spring Market has a soundtrack and it’s my advice to you…
Got To Be Real!