We’ve all seen the headlines by now… Home sales are up, inventory is down and interest rates are still smokin’ low.
We knew the indicators would have to turn around, and it seems like they have turned back around just as quickly as they turned south a few years ago.
When that happened, it took us about a year to really understand that our market had shifted, as we heard about the change in other parts of the country. Then, when great homes priced right stopped selling, we had a clear message.
Now, it seems as though we’ve passed the ‘bottom’ of the real estate market. We’re actually seeing multiple offers on the great homes that are priced in the market.
I hear from my real estate network that other parts of the country are really on fire with homes selling quickly and not enough homes for sale on the market. Should I believe it will be so here soon?
I’m sort of like the rest of us, as I’ve had intentions to buy a few homes for rentals during the lull or low point of the market. Just like timing the stock market, it’s hard to time the real estate market.
While I continued to be quite busy and grow my business during the real estate downturn, I never took the time for our personal real estate search.
Now, I really don’t have time to search for myself for a great home to buy; however, I’m making it a priority. Look out houses, here I come!
About Tracy Venturi
Tracy Venturi is a licensed Realtor and an associate broker with Keller Williams Realty, the Venturi Team. For additional information about the Venturi Team and its extensive list of services, please visit their user-friendly website: www.WelcomeHomeABQ.com, or call her at 505-263-2526 or 505.271.8200.