Are The Warren County Ohio Sellers Coming Out of Hibernation?
The crocus and daffodils are starting to break ground, and in a few cases even bloom! :) 'Tis the season to be bringing homes on the market for that typical spring blitz! We're having more people talking to us about potentially selling their homes, and in almost every case we can safely recommend to go ahead, something we couldn't always say over the last few years.
But perhaps the true indication that our local market is turning around? Sellers that have been off the market since the 2005-2007 time period are coming back on the market!
Many sellers have ducked during the ongoing market downturn, and rightfully so. If you didn't have a driving need to sell and couldn't take the likely financial hit, the appropriate thing to do was hold tight. We've advised many potential sellers over the last few years to do just that, or consider renting their home out.
But recent activity indicates our market is getting more balanced. Foreclosures are down almost 50%. Pending sales are UP. Prices appear stable. Rural properties are still challenging to move because it's a MUCH smaller segment of interest to the buyer population, but subdivision homes are picking up speed, particularly those in the Mason/Deerfield Township area.
With the right property, location and marketing, we ARE actually still getting multiple offers! Didn't think you'd hear that did you? You might want to ignore the naysayers, because unless they live and breathe real estate in OUR market, they really aren't qualified to speak to it!
So if you've been thinking about selling your home, it's FINALLY time to get off the sidelines and back in the game. Give The Liz Spear Team of RE/MAX Elite and you'll get our best analysis of what's happening in YOUR neighborhood. No cost, no hassle for the consultation!
Serving Warren County's residential real estate needs,
Liz and Bill aka BLiz
REALTORS(S) Serving Warren County Ohio & Adjacent Areas
The Liz Spear Team of RE/MAX Elite
Elizabeth & William Spear
Ask for us by name if you visit the office!
Two locations: Lebanon & Mason, OH
Direct #2: 513-265-3004
Our Website: www.LizTour.com
OUR SERVICE AREA:
View Liz Spear Team of RE/MAX Elite Primary Service Area in a larger map