Don't let the rainy weather get you down. Remember, there's always a rainbow after the storm, and I can help you find your pot of gold by using real estate as your treasure.
From our MLS provider the Metropolitan Regional Information System (MRIS),
"In his Chief Economist’s Commentary, NAR’s David Lereah explains why 2007 brings cautious confidence and hopefulness, as his forecast calls for modest quarterly gains throughout this year.
NAR Economist Ken Fears traces mortgage rates and the psychological effect of “payment shock” experienced by potential buyers in his Trends report. Are the most homes being sold in the middle price ranges or in the lower price ranges? The Trends chart lets you see for yourself. And, the Economic Monitor provides a good overview of home inventory levels, housing starts, and impact from the job market."
Click the following link to view the Watch Report and to see specific statistics by area:http://www.mris.com/reports/marketreport/index.cfm.
After a storm of increasing prices and bidding wars, we are still experiencing a slight calm. Is it the calm before another storm? The real estate market works in cycles, so only time will tell. As an experienced professional writing contracts and viewing homes every day, I can tell you that there are a lot of deals to be made right now. So, don't just sit on the fence...own one!