Spring has definitely sprung here in good ol' Columbia, SC. All of the things we have come to expect: azaleas blooming, green grass, everyone coughing & sneezing from the pollen (!), outdoor parties, boat rides and THE SPRING REAL ESTATE MARKET! Traditionally this time of year becomes busy for those of us in this industry. As the weather warms up and flowers begin to bloom, people's thoughts turn to change, upgrade, expansion, something new. We start to see more cars driving slowly through neighborhoods, website visits go up and people get actively engaged in the market.
Thankfully, our Columbia market is showing signs of Spring activity! Trust me...for us and our seller clients, this is extremely welcome news. And, for buyers, it's ideal. Inventory is up, rates are down, mortgage companies have grant money to give away, the counties have money to give away, even the Feds have money to give away. Who doesn't like free money? Just since April began, showings have increased dramatically which is important. It means that buyers are paying attention. They are seeing how great the conditions are for them to buy now. (Remember the old Wall Street adage: Buy low, sell high.) It's a good sign that our local economy is beginning to move, which can only lead to improvement. Statisticians, economists and other math-y type folks always say that housing is the catalyst to repairing a suffering economy.
What's my message? Despite what we've talked ourselves into or let others talk us into, this IS a great time to buy a home. That in turn makes it a great time to sell a home. If every person reading this post were to encourage one friend, family member, or co-worker who has been contemplating making a move to act and take advantage of these awesome conditions, you know what? We would all be taking an active role in improving our local economy, which will then help improve our state's economy. Pretty monumental impact just for making a phone call or having a conversation, huh?
Thankfully, our Columbia market is showing signs of Spring activity! Trust me...for us and our seller clients, this is extremely welcome news. And, for buyers, it's ideal. Inventory is up, rates are down, mortgage companies have grant money to give away, the counties have money to give away, even the Feds have money to give away. Who doesn't like free money? Just since April began, showings have increased dramatically which is important. It means that buyers are paying attention. They are seeing how great the conditions are for them to buy now. (Remember the old Wall Street adage: Buy low, sell high.) It's a good sign that our local economy is beginning to move, which can only lead to improvement. Statisticians, economists and other math-y type folks always say that housing is the catalyst to repairing a suffering economy.
What's my message? Despite what we've talked ourselves into or let others talk us into, this IS a great time to buy a home. That in turn makes it a great time to sell a home. If every person reading this post were to encourage one friend, family member, or co-worker who has been contemplating making a move to act and take advantage of these awesome conditions, you know what? We would all be taking an active role in improving our local economy, which will then help improve our state's economy. Pretty monumental impact just for making a phone call or having a conversation, huh?
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