Late Fall 2012 Market Notes

Local bank interest rates remain amazingly attractive as the 30 year fixed rate hovers between 3.10-3.50% depending on which lender you call.  Now is a great time to consider re-financing or making that move to your dream house.  The greatest challenge is the inventory in our area is very tight and new buyers are entering the market every day.  This makes the demand for property high.  Of course, if you are selling, take note of the axiom (price, condition and location).  Every property has a price based upon the value a buyer is willing to attribute to your property.  It is important to have your home in showing condition which means clean and updated floor coverings, fresh paint, and attention given to deferred maintenance issues; and obviously, a given is to deep clean your home.  If you are thinking of entering the market and would like a market evaluation for your home, or perhaps a list of available properties, please contact Rob Millman at (812) 528-3028.