Well the old rule that a well priced house will get offers in any market holds true. Conditions have moved into neutral territory but a nice little 1400 foot ranch style came up a few days ago and got four competing offers within a day or two. This house is situated right in the thick of the hot spot in the market at around 300k. Clean and tidy, doesn't need a lot of work, move right in. These are the properties that are selling, these are the types that still get multiple offers.
Although buyers in general are taking their time, these types of move in ready sub-median homes are hard to find, and when a nice one pops on the MLS the Realtors® swarm about. Buyers looking for a "deal" will need to look at properties with some special needs. Light fixers are not getting snatched up lie they were at this time last year.
Sellers are wise to spend a few pre-sale dollars to spiff up the house before listing it. Fresh paint and a minimalist look inside will go a long ways in this market. Sellers however ought to be careful not to overspend or over improve their home. One should never be too much better than the rest of the homes in the neighborhood. That is sound advice in any market.
The market continues to favor one level homes or master on the main and tidy homes with a bright look and feel as well as tidy and well kept. These are the properties do the best.
Although most listings are likely to sit around for a few weeks, properties that hit the "spot". Clean, well kept, light and bright, open and minimalist decor, under the median will go quick.
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