Buyer Urgency in Real Estate

Buyer Urgency in Real Estate

We know that realtors are known for their unending optimism about real estate; and yes I am one of them!  In my last blog, "Do What Warren Buffet Says", I pointed out how one of America's richest men feels about residential real estate.  Fannie Mae's housing survey in March was recently reported as saying that 73% of people surveyed feel that it is good time to buy.  That's up from 70% in February.  With concerns that interest rates and associated prices will begin to rise, many are taking advantage of the timing.  What is not being reported with any frequently is that rental rates tend to trend with the interest rates...so when interest goes up, so does rent.  Buyers are showing more urgency in Olympia, Lacey, Tumwater, and areas around JBLM --so now (yes, you knew I was going to say it) is a perfect time to be thinking about whether you are selling to move up or downsize; or are looking to buy that perfect home.


Vicki McLellan Headshot
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Phone: 425-301-2595
Dated: April 11th 2012
Views: 2,403
About Vicki: I'm a full-time licensed professional and love what I do. I use that enthusiasm to make the process ...

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