For
a few months now we had been waiting and watching as much of the nation held
its collective breath to see election results. In terms of real estate, the
impact of elections is largely undocumented but often translate to buyers (and
sellers) preferring to hold back until there is a result on record. There is
traditionally a spike in the economy during a Presidential election year,
which, as we all know, boosts consumer confidence, and the whole cycle starts
up.
Sales Are On the
Rise Across the Board
Locally
in our area we are experiencing a surge in sales, mostly due to the
unprecedented low interest rates combined with equally as remarkable low
property prices. Sales increases were reported throughout all regions in the
US, including a few with increases logged in the triple digits – and equally,
the St. George area marketplace mirrors this trend.
It’s An Excellent
Time to Buy
This
remains one of the best times ever to buy a home. Prices are low and interest
rates continue to remain lower than ever before with some loan products offered
at 2.25%! The current market trend has created the unique situation of an
environment that is ripe with opportunity for buyers and sellers alike.
Sellers Are Also
Enjoying Success
In
fact, buyers are faced with the situation of having to figure out how to get
the property of their dreams. With so few homes on the market we are seeing
more and more price wars and the need to be highly competitive at the
negotiation table.
~
If
you would like to explore the real estate market to see what is out there,
contact us today. If you may have found the right home and now you need a team
of qualified, experienced and expert negotiators by your side – get in touch
with us! And if you know of someone that is looking to buy, sell or just feel
the market out, send them across! We look forward to serving all your real
estate needs!
435
767 1246
