I have had a very very busy week and many of my fellow Realtors all over the country are reporting the same thing. The buyers are out in force looking for just the right house. Most days this week I have been out with at least one buyer client and some of my days included two buyer tours.
Don't Get Knocked Out Of The Spring Market Rush
If you are waiting for the market to hit rock bottom before you rush in to scoop up the deal of a lifetime I would not wait much longer. The better quality, correctly priced houses are coming on the market, being shown, and offers are being accepted within days of listing and we are, once again, facing multiple bids on these properties. This means more than one buyer has decided that they want to buy the house and the sellers are able to look through many different offers for the same property. There are calls for presenting your "highest and best" counter offer on the property which can lead to overbidding on properties in the heat of the moment. 
Now Is The Time You Need Someone In Your Corner Helping You To:
Get out to see the listings as quickly as possible
Point out the great potential or the possible pitfalls in the properties using professional experience as a guide
Determine a good starting range for your offer and make that offer as attractive to the seller as possible
Determine the current market value of the house - over bidding can lead to another disappointment if the appraisal is lower than the amount of your accepted offer.
Help to hold you back if you get carried away with the need to WIN THAT HOUSE during a highest and best offer situation
Follow through with your accepted offer to get you to the closing table and into your new place
Celebrating Being In The Winning Corner
Working with an experienced full time Realtor who specializes in Buyer Representation can give you the the upper hand in this active market. You can still get a great deal, interest rates are incredible, grants and programs are out there to help you (REMINDER- the $8000 tax credit for qualified buyers is in only going to last until December 1), and there are a lot of people who want and need to sell their homes. Do yourself a favor and find a Realtor to help you today.
If you are looking for a new house in the Greater Hudson Valley of New York Orange, Ulster, or Sullivan Counties I would love to be the Realtor in your corner. I work as a Buyer's Representative and will work hard to get you into a wonderful new home, vacation property, or a multi family investment or owner occupied place. If you are looking anywhere else I can find you a Realtor who will give you this level of service wherever you want to be. Just send me an email, a text, or call me @ 845-800-7086 today to get started.
Don't forget to register for my Home Buying Seminar on Wednesday May 20th. Click here for details. This is a no obligation, free seminar that will take you through the home buying process from qualification through closing. Hope to see you there.
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Paddy Pizappi, Associate Broker for Buyer Representation
RJ Smith Realty - A Real Estate Solutions Company
Serving the Greater Hudson Valley of New York
from Pine Bush, NY at the corner of Orange, Ulster, and Sullivan Counties
Call or Text to 845-800-7086
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Paddy, I have been really busy this week, writing offers. I sold one lakefront home and one of my lakefront homes sold......tis the season for those buyers to consult a Realtor to get the best home for their money!
Congratulations on the sales. It is definately the time to be out there finding your next home!
I am glad to see your market is doing well.
Me too Mel Hope yours is picking up as well!
Very sound advice Paddy! I'm seeing an increase in potential buyers as well. If they seriously want a home, now is definately the time to get out there and buy one.
Paddy - timing the real estate market is like trying to time the stock market, and it is usually bad timing. They time to buy is when you are ready, and the market should be making more people ready.
So true Lissa. I think they will be as surprised as my buyer clients are in that the market is not as easy for them as they thought it would be though.
You know timing is everything Mike. Thanks for the comment.
Cool! Looks like your area is starting to pick up too...
I am hearing tht is is getting busier all over Michael. Good for everyone!
I tell people all the time - you don't know when the bottom is until its not the bottom! :)
Paddy,
Nice to hear some more encouraging reports from another area of the Northeast. We're definitely seeing improvement in activity/offers in Southeastern PA, but multiple offers are still an occasional exception rather than the rule here. I especially like your advice to buyers about getting out to see listings as quickly as possible. We are seeing an up-tick (particularly in the first-time buyer market) and a few times recently I've see buyers defer the decision to look at a home only to have a decision made for them (by another buyer).
- Scott
Thanks Steve. I think it is like watching a bouncing ball a bit but it really lloks like it is leveling off and heading in the other direction.
Thanks for the comment Scott. It does teach a lesson a painful one but sometimes it is meant to be and something better will happen afterward.