Monday, November 17, 2008

It's Getting Better All the Time!

While the surface seems relatively unchanged, there is an underlying sense that things are getting better as the days go by here in the Mystic area. The interest rates are improving in small increments and buyers are beginning to come down off the proverbial "fence". Recently, I even had a multi-offer situation on a listing.

You remember those; it's where there is more than one buyer interested enough in a house that they will actually write offers. Those offers come in during such a short period of time that it is only fair (and highly ethical with the permission of the seller) to give everyone a chance to know that they have competition trying to buy this house and it is now time to put in their "highest and best".

It could happen to you, too! If you are serious about buying a house, especially in the first-time home segment of the market; come off the fence, make a buying decision while there is still a fair amount of inventory. Do it before someone else makes an offer on the home that you want and you may still get it at the best price possible. If you wait you may have to pay more or not get it at all because "It's Getting Better All the Time!"

mysticjf

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