Life in Myrtle Beach...: Homeowners: If you're selling, sell soon and Price Right!

Welcome...

Welcome to the Life In Myrtle Beach blog where we hope to provide a wealth of information for you, whether you will be vacationing in Myrtle Beach, making this your second home location or moving to the area and becoming a "local" yourself. Feel free to ask any questions you have and if I don't know the answer...I'll find it for you!

Being a Realtor, I'll have plenty of Real Estate news to discuss, whether on the local, state or national level...I feel this is an important part of any person's decisionmaking process when considering a move or a purchase in any particular area of the country. However, since I don't want to bore you with just a bunch of facts, numbers and endless listings of properties for sale, I do hope you enjoy the "fun stuff" I'll share, too!

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Monday, October 31, 2011

Homeowners: If you're selling, sell soon and Price Right!

Good news and bad news comes from CNN Money article. Click on the link below for a synopsis of the Real Estate market today and where we're heading. There are a couple views you can take on this one.

Click the link to read more...

http://money.cnn.com/2011/10/31/real_estate/home_prices/index.htm

And here is my advice...

Homeowners who are thinking of selling...there are a few concepts for you to consider. First, NOW is the time to get your home on the market, before the waves of foreclosures hit the market soon and prices begin to fall, once again. The sooner you list your home and get it sold, the more money you will make (or save). In order to be successful in selling your home today, it all boils down to price. Remember, you need to be competitive in today's "Buyer's Market". The buyers are out there, you just have to get them to notice your home and you will soon be setting a closing date!
Buyers....step up to the plate! Now is your time to capitalize on this market. Over the next 12-18 months, there will be many opportunities for you to find your dream home AND to be able to find a mortgage with a lower interest rate than you ever thought you would pay! Obviously, right now is the best time to find a mortgage, as these low interest rates may climb over the next months. However, whether you are thinking of buying a home for the first time or maybe even looking for that vacation home you've always wanted...Congratulations! You have definitely picked a PERFECT time to be in this position!