Buying & Selling :: Tips & Articles!
I was excited to see the end of the first quarter national numbers in regards to the Real Estate recovery and as I suspected, nothing earth-shattering. I did want to share a few articles, for both home buyers as well as seller. It is so important to know when the best time to list is (which is now, spring is notorious for sales to speed up) as well as when to purchase.
March Home Prices Rise as Sales are Stagnant Article – Best part in this article, the writer states in the first sentence point blank “…tight inventory continued to constrain markets across the country..”. This is exactly what Northern Nevada is seeing. Low inventory is basic supply & demand, prices will rise.
Dream of Homeownership Alive and Well, even among Youngsters Article Its great how they refer to Youngsters… these said “youngsters” have the jobs and the know how to continue to pull our nation out of the trash! The numbers are good, quoting “Nearly 7 out of 10 aged 18-29 do not currently own a home”. So if its time for you to sell that home you purchased in your 20’s, these “youngsters” will be waiting!
Home Buyers Do’s & Don’t Article I love browsing through Scott Storace’s website. He is a great Mortgage Broker and a wealth of knowledge, always open for any questions!
Nevada Business Article (also mentioned home equity on the rise!)
All in all, this is an exciting time for all home owners, or soon to be home owners. I know there are still distressed homes out there and there is still help available! Nevada has a program, Home Again Nevada, which helps in all facets of distressed situations. I directed one client to them for help, they have reported back that it has saved them both their home as well as their paycheck! Here is the link and feel free to contact me for info as well:
Jenny Johnson, REALTOR, CDPE, ePRO
Direct (775) 691-4382