The real estate marketplace is largely governed by the laws of supply and demand. With this in mind, present and future sellers may ask themselves where the demand for their homes might come from. The answer comes from the National Association of Realtors, which conducts a profile of buyers and sellers based on annual real estate transactions. The NAR's survey shows that there is a large pool of first-time buyers who account for four out of every ten homes purchased. In turn, this provides the housing market with liquidity that makes it easier for existing owners to trade up and down. The children of Baby Boomers will be in the prime years of purchasing their first homes during the next decade.
HINT: According to the National Association of Realtors, the typical first-time buyer is 32 years old with a household income of $54,500, who makes a 3% down payment on a home costing $139,000.
Shelter is one of the three primary needs of man. Couple that with the current, low mortgage rates and the real estate market thrives with buyers seeking to purchase, and sellers seeking to "trade up". Whatever your real estate needs and expectations, I have a proven track record of assisting those who are buying and/or selling property.
I can assist you in meeting and exceeding your real estate needs. Give me a call to arrange a meeting.
Call Stephanie Samuelsohn at 518-392-8484
and/or visit us at: www.ColumbiaCountyHomes.com,
e-mail me at Stephanie@ColumbiaCountyHomes.com