LET’S DO A QUICK CHECK LIST OF ITEMS THAT MAKE A DIFFERENCE
MORTGAGE RATES REMAIN EXCELLENT AROUND 3.75% UP TO $625,500.
Rates do change every day so call your mortgage professional for an exact quote.
2) INVENTORY OR THE NUMBER OF HOMES FOR SALE IS NOT EXCESSIVE IN THE SOUTH BAY
Actually favors the seller right now. This may change as we get closer to summer.
3) UNEMPLOYMENT IS STILL HIGH BUT SLOWLY DECLINING.
This is a huge issue which hurts housing and will take years to fully recover.
4) CONSUMER CONFIDENCE IS IMPROVING BUT HAS A LONG WAY TO GO
This is a key as to whether a potential buyer is willing to purchase a big ticket
item. New car sales hit a 5 year high in March showing the improving confidence.
5) THE STOCK MARKET IS OFF TO A GREAT START FOR 2012.
Rising stock values increase 401k’s and pensions many use for home purchases in the South Bay.
*OVERALL, CONSIDERING WHAT WE HAVE GONE THROUGH THE
SOUTH BAY AREA REAL ESTATE IS IN GOOD SHAPE.*
WHEN IS THE BEST TIME TO SELL A HOME?
THE SIMPLE ANSWER IS—WHEN YOU ARE READY
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