#1 -- Demand Is Higher Than It's Been For Years
Homes are selling at a pace not seen since 2007. There are buyers out there right now and they are serious about purchasing.
#2 -- Supply Is Low
The monthly supply of houses for sale is at its lowest point since 2005. Selling now when demand is high and supply is low may garner you your best price.
#3 -- Interest Rates Are Projected to Inch Up
Interest rates remain at record low levels, which is great for buyers and sellers. However, the Mortgage Bankers’ Association has projected mortgage interest rates will inch up approximately one full point in 2013. Whether you are moving up or moving down, your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.
Contact Us anytime to find out what kind of demand there is for homes like yours and how much your home may be worth in today's changing real estate marketplace.
Low housing inventory, like the situation we are experiencing here locally, generally drives home prices upward as the demand exceeds the supply.
Merry Christmas to All. With how mild we have been I think perhaps the Flamingos are appropriate. Everyone have a wonderful Christmas and be safe.
On December 14, 2012 from 5 - 7 pm, downtown Polson is the place to be for Christmas magic. Polson's Downtown Living Window's event will have entertainment, refreshments and a bonfire. See Santa & Mrs Claus at The Cove Deli & Pizza before he returns to the North Pole to prepare for his Christmas deliveries.