Monday, January 28, 2008
A Man's Home is .... Losing Value?
As the Winter drones on, our colleagues at Findlaw are reporting that new home sales continue to drag.
This news, together with all the other water cooler gossip going on would lead you to believe this may be the end of the world as we know it. Fear Not! Sure, things have slowed down, but by and large I have not seen any wholesale drop in the Connecticut real estate market. Interest rates are very competitive and seller's are motivated. It's a good time to "back up the truck" as Peter Lynch is fond of of saying.
My point is this: it's all how you look at it. If you are selling, you may not make a killing, but your home will sell. Eventually.
If you are buying, smile, get a great rate, and call me so we can get your closing scheduled.