I need listings of all shapes, sizes and prices!
The market in general is very low on listings. This is from sellers being scared of the market we are just coming out of, sellers who are not in a position to be able to sell and sellers who themselves are having trouble finding their next property.
The first time homebuyers are very active right now. They know its a good time to buy and that rates are still very low… for now. These buyers need to be able to find properties so that the move up seller can do just that and the cycle can start. These buyers are very well educated. They will not overpay for a property and they aren’t as interested in fixer-uppers as they used to be, they want to move in & maybe paint. Investors have been and still are gobbling up properties. This is always a good indication that the market is turning. If investors believe its a good time to buy… then it is!
I have buyers clear across the spectrum in what they need & want, but I specifically need…
Acreages – everyone wants to live on an acreage. I have buyers specifically looking for properties in the Roland Story, South Hamilton & Gilbert school districts. Even if your property is not in one of those districts there are still buyers out there!
1st Time Buyer homes – priced $75,000-$150,000 – they prefer 3+ bedrooms but if priced right, 2 bedrooms will do, these homes need to be in good to excellent shape (helps with financing programs) and can be Ellsworth to Huxley, Ogden to State Center and priced accordingly.
Move up homes/Executive homes & acreages – I have buyers who would love to step up and buy bigger & better properties but they are scared to put their current properties on the market if they don’t know there’s another property out there for them. These buyers tend to be a little pickier, want properties that don’t require updates or repairs and tend to have very good financing & purchasing capabilities.
If you or someone you know has a property that you’re thinking about selling, let me know. I will be more than happy to look at your property, do a market analysis and discuss your options and best plan of action. Pricing a home “right”, getting it listed & marketed correctly is bringing in multiple offers & some even selling above asking price. Remember: supply & demand drive every market!!
Brandi Nelson, Realtor