December 23, 2008

Santa's Wish List from Sellers!

Posted to Steve Randall

Over the past two months we have talked much about the timing for Buyer’s to get back into the market. Now is that time! At this Holiday season we wanted to share some thoughts that Sellers hope Santa and the New Year will bring them!

Santa reports that these items are the most popular on this year Christmas List:

1. Qualified Buyer’s tops the list: Sellers who price their home keeping the current market conditions in mind will likely get their wish. Inventory is plentiful and many buyers are now feeling that now is the time to buy.

2. Help with credit and market liquidity: With interest rates still moving downward, home payments are becoming more affordable. Freddie and Fannie are also making it possible for more and more to get home loans with more than half of the loans in Davis and Weber County being tied to FHA funding.

3. Reduction of the time it takes to sell: In this market, Seller’s don’t have to rely on Santa for this gift. It is under their control by pricing their home slightly below other similar homes in the market place. A home properly priced, well cared, properly maintained, and show ready will attract qualified buyers.

If you would like to read more about the future of mortgage rates please click here.

If you are interested in the future of home prices click here.

Finally, if you are interested in what Utah is doing to improve the housing market then click here.

We hope that Santa will grant all our Seller’s wishes!

Posted By: Steve Randall


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