First, sorry Blog. I moved this summer into a wonderful large home that needs lots of work. So I've been distracted with all that work. Plus I was crazy busy until the first weeks of November.
Yes last fall was crazy. Buyers were motivated to take advantage of the first time home buyer tax credit, and I was involved in multiple offers on a weekly basis. This all stopped when the government passed an extension for the credit. The sense of urgency went away and everyone seemed to take a breather for the holidays.
Second, the holidays are over and the market is back up and running. New listings are coming on at a fast pace and showings are up too. My buyer clients had no choice but to take the holidays off as there were no new homes to see. But now they are eager and ready to see all the new listings as they hit the market.
If you are considering selling in the near future, you might want to make that near future nearer. Buyers are motivated to find a place before April 30th to claim their tax credit. And if you've owned for more than 5 years, you can get your own tax credit if you sell and buy and new place. $6500! Not too shabby! If you are asking, "Should I sell now or later?" The answer is: NOW!