There’s been little sales activity reported in this week after New Years but I’m not alone in being busy showing houses, and I believe we’ll start seeing the results of that activity (not mine, others, drat) soon. For instance, after scouring the inventory of $1-$2 million homes, my clients and I found six that could possibly fit their needs, but when I called to set up viewing appointments I learned that two already have accepted offers and inspections completed. The others are all enjoying multiple showings, a welcome phenomenon for sellers after a pretty dormant fall.
Higher priced homes aren’t moving that quickly and I don’t expect them to any time soon, but there are certainly buyers ready to go. This much hasn’t changed: buyers still insist on seeing value – I haven’t found one yet who’s ready to fling caution and checkbook to the wind and rush into contract, the way some did in the good old / bad old days. And that’s a good thing.