Friday, February 24, 2012

Shifting from Home Buyers Market to Sellers Market—Points to Ponder









Hole-in-One-Report

News Flash!

Prices are firming up . .  Supply is shrinking . . . Investors are swooping in and sucking up low priced homes. . . 
Pent up demand=not enough product available. An example is the multiple offers on a property.

Using Phoenix as a center point, rule of thumb is the farther out from the center, there is more inventory.


It's about neighborhoods—
    •    Do you want the area self contained?
    •    Family friendly, active adult, equestrian properties
    •    Lifestyle issues—active, facilities
    •    Schools, recreation areas, lakes (paddleboats, canoes, waterslides), amenities
    •    Shopping
    •    Medical access.

Appraisals
With the changing market, appraisals have become very strict. You need a minimum of  4-6 weeks to get a mortgage . . . 
That's why cash buyers have leverage . . .  Can close quicker . . .



Our Conversation to Buyers, "We need to get our offer in."
Ted to Sellers—"It's time to come to market with your home!"
You don't want to miss the turn!

Resources
Use our resources—Call us for specific materials:
    •    Chambers are helpful.
    •    School districts rating
    •    Highway maps
    •    Medical facilities
    •    Shopping
    •    Public Safety—is it staffed or voluntary?

When you do your homework, you can buy or sell with confidence. Get in the ground level of the turnaround—TF

Ted Friedman, Designated Broker/Agent
623/476-2491
FriedmanRealtyAssociates@gmail.com
www.BirdieGolfHomes.com

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