As I am sitting to write this article, I am thinking about many of my clients searching for homes for sale over the last few months, and their shock at the low volume of homes available. We realtors, along with our amazing clients, are eagerly awaiting the hopeful arrival of an abundance of spring homes to hit the market. It will be interesting to see if the sellers will meet buyers demand.
It is definitely exciting to work in a low home inventory market when you are laser focused on finding great homes for your clients. A new property will pop up and you need to get your client the information, and if it works? Get right out to see it or it will quickly disappear from the market. On the flip-side, I have many very happy sellers as homes are selling quickly, and for very healthy prices. We are continuing to see a steady rise in Fenton, Michigan and surrounding communities thanks to the influx of wonderful businesses brightening the already beautiful mosaic of our city.
The most interesting thing about this market is that it is actually a perfect time for sellers to sell AND for buyers to buy! With the confidence in the upswing of business and jobs in the country, interest rates have risen (only a smidge) for the first time in years! As a buyer if you are waiting and passively letting time go by, you may risk paying quite a bit more in interest in the near future.
For those of you that have not heard the great news, I have just launched my own real estate brokerage, and we are finally up and running in our new office. We have a great team ready to help with all of your real estate needs.
If you are thinking of buying OR selling – pop into my office right downtown Fenton anytime for great coffee and even better real estate advice. We are located on the corner or Caroline and Adelaide and try to be in every day from 10-3 (when we aren’t out showing homes).
Happy home buying!
101 N. Adelaide St. Fenton, MI 48430
Always With the Happiest Clients on the Block!