I'm feeling really very optimistic about real estate for 2006, my phone is ringing ... interest rates are still low, there is an actual "supply" of properties on the market now. (For more on a "normal" supply see below)
Sellers ... there are buyers out there. Make sure your home stands out amongst the other listings! One sure fire way is to keep your home tidy during the listing period. Lets face no one likes to clean! but it just takes a few minutes to get rid of clutter and put things out of sight when the appointments show up.
A great idea if you have youngtsers in the house, put each one in charge of a certain area not just their bedroom, say putting the newspapers in the recycle bin or wiping the smudgy mirror in the bathroom add a little something into their routine, it makes the kids feel more a part of selling the home and they do take a lot of pride at a finished task and best of all ... you'll be glad you asked them!
So now we have a supply of homes and the market is returning to what some call "normal" So ... what really is normal? The big question! A normal supply would be a inventory of x amount of available listings for a six month supply. New listings, active and pending all rotaing in and out of the equation.
A comparison would be here in Santa Clarita the last 2 to 3 years we had seen days go by with no available listings is certain neighborhoods due to new listings being snagged up the day they hit the market.
