Tuesday, November 22, 2016

Nov 2016 Market Update



As with most sales professionals, referrals are the life blood of their business. If you know anyone who has an interest in buying, selling, or investing in real estate, it would be really helpful to me if you'd tell them that you have a friend who's a great real estate person and would love to help them. You know I'll give them the extra attention that I give every one of my clients.

October Market Statistics for Zip Code 92253

current active
listings
1596
   
average
asking price
$599,329
   
average days
on market
198
   
new listings
on market
293
   
removed
from market
244

Is winter a good time to go house shopping?

The housing market is dead around holiday time. But looking for a home during the winter months can be a great idea, if you're up for it. House shopping during off-peak times means less choice, but it also may mean sellers are extra motivated to make a quick sale. This is a huge bonus for buyers, because bargains are readily available.

There are also fewer buyers looking around for properties. Negotiate fast closings, inclusions and repairs; you're more likely to get the deal you're after, and there are fewer chances of multiple offers (which can be stressful.) If you live in colder climates, the cold weather is an acid test of a home's hardiness, and even in the warmer climates, you're likely to see the heating system in action.

Make the most of a slow market, because come spring, it will rev up and may price you out of the market. Give me a call and lates talk specifics. :)


Realty Executives, Desert Lifestyles
 
David Burke
01426860
Mobile: 760-250-2570
Office: 760-771-9090
www.ilisthouses.com
     

78065 Main St. Suite 101La QuintaCA 92253