Friday, September 2, 2016

Autumn Is Near

Ah September, the waning days of summer. Here in the Northwest, Autumn comes quick. We can feel the temperatures plummet as fall approaches in the middle of September. Soon the leaves will turn and fall off the trees. For people selling homes in the Autumn it is important to keep the driveway, side walks and rain gutters free of leaves and debris. Slippery and messy leaves are both an eyesore and a potential hazard.

Leaves look beautiful when they first fall on the ground. All those brilliant colors scattered about, make for a storybook setting. But quickly the rain and wind will break them down into a mushy mess. Curb appeal is important and sellers are advised to keep the home as tidy as possible.

On the sales side of thing, this can be a good time to buy. The rush of summer buyers starts to wane a bit and less competition is always good for buyers. often sellers are motivated to get their home competitively priced if it failed to sell over the summer. yes even in a robust buyer's market like this one, sellers sometimes price their home a little too optimistically and find themselves in a September slump. This could be a buyer's opportunity to strike.

Sales in out local market seem to be nearly identical to last year with the exception of prices running about 8-10% higher. The market has been more of a lack of sellers than a flurry of buyers and that doesn't look to be changing anytime soon. Medium demand and very tight inventory is still the state of affairs in the Clark County real estate market.

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