Worky Work, Busy Bee!

In the last week, I’ve shown 28 houses to 7 different buyer clients. A couple of them have found the right home for them and we’re working on offers. One of them is in a multiple offer situation right now. Another agent in my office was involved in a different multiple offer situation yesterday. A couple of my sellers are working on offers too. Negotiations on both sides seem to be taking longer, but deals are coming together.

If you’re thinking about selling, the market isn’t necessarily awful. There are lots of buyers out there waiting for the right house. As always, price your home well and make sure it shows nicely and you’ll be in good shape. I have a feeling that when the local spring market stats come out in the next few months, they won’t be as disappointing as some are forecasting. We’ll see.

Thankfully, I can’t remember the last time I was like this…

1. Eric said at February 20th, 2009 at 8:47 am

   The latest metro Hartford employment forecast – losing 42,000 jobs (-7%) between Q3-2008 and Q1-2010 – does not bode well for 2009 demand. The $8,000 tax credit may prompt some churning on the margins. The forecast could be wrong but under the circumstances 2009 transaction volume looks likely to decline 10-20% below 2008 levels.

2. Amy said at February 20th, 2009 at 8:52 am

   Hey Eric, thanks for the comment. I am swamped today, but will write a blog post (or a couple) over the weekend to address the $8,000 credit and how I think it’s going to effect the market (as well as the jobs prediction).

3. Eric said at February 21st, 2009 at 9:12 am

   Looking forward to your thoughts. Glad you are busy – and not surprised.

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