Spring is around the corner

And since it is around the corner, now is a good time to start the house buying or selling process. If you have a house to sell, get it ready to put on the market now. This is the time of year when people who have been thinking they need to buy a house actually get out and start looking. Don't wait too long. If you wait until April or May you'll have so much more competition. The market is starting to pick up a little in terms of buyers out there looking. Remember too that pricing is the key. If it's price too high and it sits on the market for a while, the less it will sell for. Also if it's not renovated well, or if it looks tired and run down, especially those houses in the upper brackets, it won't sell.

The market is normalizing and many sellers aren't ready to deal with what that means to them. What it means is that houses that were selling really high this time last year, aren't selling at the same level now and are sitting on the market longer. That's just the reality of it. We, as realtors, can't control the market in any way. The change is good for buyers. More houses to choose from and at more reasonable prices. Buyers are still cautious, however. The next few months will be interesting to watch.

By the way, my listing at 3468 24th SE had a price reduction last week. It's now listed at $250,000. If you're interested in seeing it or know someone who might be interested, please let me know. Also, I'm about to get another listing. This one in Michigan Park. It's at 2006 Bunker Hill NE. List price will probably be $295,000. It's a one bedroom, detached house with high ceilings, good space and a hot tub in the back yard. It's a great house and an excellent alternative to a condo.

That's it for now. Take care.