My Blog

I receive a daily post via email that is both entertaining and informative. Today their introduction was “Read this if you want to feel better”. The thrust of the message is that now is a good time to buy a house.

As one listens to the news the message is that the economy is improving: sales of durable goods are up, consumers are spending money… homes are selling!  Feel the optimism, get out there and buy something!

As I travel around town visiting with folks I’m often asked how the market is doing; is property selling? How are prices, falling, stable? My answer is prices are coming down, AND property is selling BECAUSE asking prices are lowering. It’s inevitable - when prices come down to a perceived “good value” offers will start to appear.  Combined with lowering selling prices is a natural occurance: spring is here!

It is a simple reality that the time of yearis herepeople typically begin to house hunt. Regardless of the economy there are always people out there who must move or simply want to move and have the ability to do so. And more of them begin to make a move as the summer months arrive.

The video clip I watched this morning had a very similar quote from Gary Keller, founder of Keller-Williams Real Estate, the 3^rd largest real estate firm in the nation. Gary says, the real estate market is cyclical, over the course of years and over the course of a year. The yearly trend starts in January with slow to no sales. As we move toward March home shopping begins and purchases occur and it continues to build through to October. Sales volume increases and real estate prices improve as demand builds and then as October ends we see sales volume start to decline as thoughts move to the holiday season and then December arrives and the end of that year’s cycle with little to no buyer activity. If you’ve ever asked me about the market, you likely heard that scenario.

The economy is indeed down, but there are people out there who have money and a desire to have their Leavenworth area hide-a-way. They are looking online and trekking over to look at property albeit in considerably smaller numbers than previously seen leading up to the height of the market. And the number of buyers has begun to increase as we’re moving into the “season”, just like Mr. Keller stated, just like I too have said to those who might’ve asked.

There are those sellers whose motivation is increasing and are indeed interested in selling. They’re beginning to make necessary price adjustments to attract buyer interest.

So, the opportunity to have your place from which to enjoy the Leavenworth Lifestyle is fast approaching. If I can provide further information, please do contact me by phone: (509) 421-1150 or email me at steve@johnsrealestate.net .