For Sale By Owner

Interest rates are dropping and proposed to drop even further.  If you are a candidate for a new home the time may be now to buy or at least give careful consideration.  Certainly your choices of homes on the market are there.  Prices are low on an average which may make a real estate purchase worth your while to begin your search.  For the most part Sellers are listing their properties at a price to sell.  Many sellers have not given up on the winter months keeping buyers away and are ready for an offer.

Sellers know your market. Bidding for homes is not uncommon and if the interest rates get any more attractive there may be the swing of a more prominent buyers market.  All parties should know the value and watch the trend in home prices.  Keeping track of the increase and decrease of an area is important.  Just because the interest rates are low sellers cannot expect buyers to purchase the home for anymore than the value of the property as compared to those homes that have sold in recent months.