Don’t miss today’s article in the Bellingham Herald on Housing. It gives a good summary of 2012 and breaks the year’s results down for individual towns within Whatcom County.
Call if you have any questions about your home in particular!
Linda – 820-8559
What do you need to buy a home? A job and a decent Credit Score! Lots of people have had what they needed to buy homes, but have been sitting on the sidelines. WHY? I believe it’s because they feared the market was still going down and they’d be stuck with an overpriced home (like so many other people they know).
So what has changed? We’ve hit the bottom!! Economists and analysts are confirming on a regular basis that the U.S. housing market has hit bottom and is turning upward. Economists have been encouraged by a variety of readings, including three straight months of increases in the S&P/Case-Shiller home price index. With the media broadcasting good housing news, the buyers are getting the final piece of the puzzle needed for buying a home. . . CONFIDENCE.
All they needed to do is wait for their confidence to rebuild,” said David Crowe, chief economist for the National Association of Home Builders.
Across the nation. . . CONFIDENCE is back and Home Sales are UP!
Reaser said that that change in attitude is a key to the market turnaround.
“The firming in home prices might be feeding on itself,” she said. “You’ve got buyers not wanting to miss the bottom of home prices and mortgage rates.”
Again, thank you SO much for all your help and kindness in helping me deal with all this during this challenging time. You have been wonderful to me and I really appreciate it!