Why Are Houses Selling?

I've been asked this question time and time again.  A client wants to see a property and I have to deliver the news that it is under contract or a Realtor contacts me regarding a listing and it is already under contract.  Why are houses selling?  They are selling because regardless of the type of Real Estate Market we are experiencing all people need and want a place to live.  When rents are the same monthly payment as a mortgage it just makes more sense to own your property!  There are tax benefits and the happiness associated with coming home to YOUR home.   Rates are low which in turn mean a Buyer can afford more house as the monthly payments will be lower.  This will not last forever and Buyers are realizing this.  Sellers have grown into the market and understand the value of their home in today's Real Estate Market.  These two factors alone are bringing in a wild and strong Real Estate Market in our area.   Buyers are also beginning to realize that it isn't as difficult to become approved for a mortgage as they thought.  Lots of negative media coverage and the advice friends and family, who have great intentions, but are misinformed are moving to the wayside for the true facts and Buyers are discovering that they indeed can not only qualify for a mortgage but can afford one.   Families are growing and those that have homes are looking to upgrade to a larger home.  New marriages and new families are ready to own their own piece of the pie.  They are moving forward with excitement and a positiveness that we haven't seen for quite some time.   So what are you waiting for?  Rates won't remain low and the prices in Phoenixville are rising!  It's time to get out there now before the market is flooded with buyers and choose your home.  You can own a home priced at $100,000 and up.  There are choices for everyone.  For a complete list of homes available visit www.JenniferDaywalt.remax.com.  Have some fun, search the site, and decide for yourself if your home is waiting for you!     Jennifer Daywalt, Realtor RE/MAX Results Realty Phoenixville's Home Town Realtor Top Realtor 2004-2011 www.JenniferDaywalt.remax.com Author of "Ask The Realtor" in The Phoenix RE Blogger for The Phoenix 610-489-7355 Main - 610-999-7693 Direct

New Year's Resolutions!

Let's face it, millions of New Year's Resolutions are made and forgotten within the 1st week of January. Everyone has great intentions, including myself, but life somehow gets in the way. Perhaps we set our goals too high or we just don't know how or where to get started with our new goals. If purchasing a home is one of your New Year's resolutions here are some great reasons not to bypass that one! Rates are low. Very Low. More than likely they will only go up, up, up! Home prices are stable. Phoenixville is still experiencing growth and if the beginning of this year is any indication for the type of Real Estate Market we will have through the rest of the year, we are in Great shape. Tax benefits are there for the taking! Everyone complains about paying too many taxes. Owning your own home helps you reduce some of that tax burden by allowing you to deduct the taxes you pay and the interest you pay on your mortgage. (Please consult with your accountant for exact and more information regarding tax advantages. I am not an accountant.) Many buyers are finding that their mortgage payment is going to be lower than their rental payment. Wow it's been a while since we have heard that and it's true today. And with that being the case why wouldn't you purchase a home? Of course you have those who will always be negative about any situation. So decide for yourself if it is better to rent or own. Take into account what you pay monthly in rent including utilities. Then speak to a Local Realtor and/or Mortgage Lender and decide what a monthly mortgage payment would be on a mortgage. After making that decision speak to an accountant about the tax deductions you would receive by having a mortgage. Add everything up over the period of one year and make your decision. You can view a complete list of homes available at www.JenniferDaywalt.remax.com. Take the plunge into the New Year and make owning a home a top priority!   Jennifer Daywalt, Realtor RE/MAX Results Realty Phoenixville's Home Town Realtor Top Realtor 2004-2011 www.JenniferDaywalt.remax.com Author of "Ask The Realtor" in The Phoenix RE Blogger for The Phoenix 610-489-7355 Main - 610-999-7693 Direct