Spring Real Estate Update

It’s been just over a year since our Real Estate Market went weird. By this I mean people were in lockdown for a few weeks, and once April 1st hit last year (2020) our team got slammed! Interest rates started to drop, jobs were being changed, people realized they needed more space, add in Distance Learning and self care, and things turned…. weird! We have been going strong ever since, and one of our main fights right now is the fact that it is very much a Sellers Market.

Sellers are often getting over-asking price on their homes, quick closing dates, more cash offers are coming apparent, and many times people are waiving appraisals and inspection periods too! This is awesome and definitely different for our area for the sell-side of real estate.

But what about the Buyers? Many times, especially First Time Home Buyers, who I work with often, they cannot go over asking, they may need closing costs covered, definitely want the home inspected, and are already at their budget limit on many homes they look at because of the lower inventory.

There is a safe place in the middle. What we tell our clients is this: YOU have to be comfortable. YOU have to make the decision. I do not pay your bills, need to live in the space, make that drive to work and daycare everyday… YOU do. We are here to help you navigate whether you’re a Buyer or Seller; we will hold your hand and guide you, answer all of your questions, and do they best we can to help you out in this Weird Market. But the bottom line still remains the same: You are the boss, and you hold the cards.

Please don’t be afraid to ask about the process. We are here to help and are so excited to be on the journey with you!

-’Stasia