Real Estate

The overnight changes we were hoping for with every interest rate reduction, are not happening. I think it will be a slow burn back to a more normal, balanced market.

It does seem that long-on-the-market properties are finally being sold and winter will slow new listings, which may help. Unless we get a huge amount of inventory first thing in the spring, which is what happened last spring.
Prices seem to be increasing slightly and of course, some areas are moving more quickly than others and in some areas pricing hasn’t fallen as much as in other areas. 

 It’s a tough, unpredictable market for the most part – however, a well presented, well priced home, in a desirable neighborhood, still sells quickly.

Also, most of the remaining waterfront properties are selling off now. Winter is always the most affordable time to buy waterfront price wise, spring is the most expensive.

This past year the number of Power of sales and Estate sales has been increasing month after month. 

If you would like a list of these properties or an ALERT for power of sale properties or estate sales when they hit the market (can sometimes be fantastic opportunities), let me know and I will add you to my list to receive INSTANT ALERTS – so you never miss a property – shoot us an email and we are happy to set it up for you. 

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