Inventory

If you are looking for a home right now you too have probably encountered the inventory shortage.  Currently the market is showing a lower than normal inventory for homes ready to move into.  The shortage is as much from selling many more homes in the last 12-24 months than in previous years and people staying in their homes and not deciding to make a move during the pandemic, the very attractive rates and the mood of the country coming out of pandemic times.  Either way it is a historic market we are seeing now. 

In this Market - a few things to keep in mind if you are thinking of waiting! 

“Prices continue to rise, up 15 % year over year.  This represents a decade of continuous growth!  Thinking about selling to maximize your net profit? Message me for a free market analysis to see how much your property is worth today!”

“Offers over-asking have risen to 48%, inching closer to the peak of 55% in the summer of 2021—the market is still hot and consistent low days on market indicate that buyers are still snapping homes up quickly. If you are ready to move, we can make it happen fast to take advantage while the market is in the seller’s favor!”

If you are a Buyer - 

Current rates are still at 4% and below - now is the time to get pre-approved or pre-qualified to purchase your home.  A non qualified buyer in this market is behind - to be competitive get that prequal and then go find the home of your dreams.
By the end of 2022 and into 2023 the forecast is predicting a potential increase in interest rate of up to 6.75% that is a determining factor in how much home you can buy!  each 1% in interest equates to about 10,000 so keep this in mind..

Happy Easter 

Be blessed, take time to enjoy family, friends and good food. 

Is it here?

 Those morning sounds are music to my ears.. the sounds of geese flying overhead and the formation of miles of migrating birds.  I love the sights and sounds of spring and this is just one of the signs we are getting closer to warmth and sunshine.  The robins are back and the cardinals never left! the little birds in the morning tweet and twitter! I like the sunrise and am fortunate to have a eastern view and can watch the sky change colors and the sun rise before the day takes over.  

I know the housing market is changing again and we are getting lots of new listings, this too is a sign of spring market ramping up!  If you are in the market to buy or sell - feel free to reach out for more information on how I can help with that move.

Until next time, take a moment to enjoy the sights and sounds of the spring! 

Burlington Building Bridges

 I have to admit I know a bit about Burlington and the day to day happenings, I keep up with the newspapers and the local online chats etc.  So when I was invited to Burlington Building Bridges on Tuesday evening I was excited and a little nervous.  I knew the mission of this organization was empowering and uplifting those who had financial and personal struggles, what I had not prepared for was how amazing this team is!  Mona is an absolute rock star in her leading role with the participants as well as the other volunteers.

I came away from the experience with a new respect and admiration for these individuals and the program in it's entirety.  If you are interested in finding out more there are many opportunities available from volunteering to presenting for the group.

To find out more: https://burlingtonbuildingbridges.org/contact-us/

I feel a great pride in my community after being witness to the love and empathy that was present at this meeting.  Well done Burlington Building Bridges, I will be making more  time to make a difference in other's lives and will gain as much I give for sure.💕