February 2020 – Your Local Housing Market Update

February 2020 – Your Local Housing Market Update

It’s a new month, which means I’m here to share with you the latest housing market stats. We’ll be looking at January and comparing 2020 to 2019. 

What you’ll find is median sales price is mostly trending up and housing inventory is trending down. So, what does this mean? 

If you’re a buyer, make sure you’re not dragging your feet when you find the right home because another one may not be out there. 

If you’re a seller, now is a great time to take advantage of the market and get top dollar.

That’s it for now. Thank you for your time and take care!

More Good News

Buyer Consultation
  • Review the home-buying process from start to finish
  • Discuss your home-buying goals and needs
  • Learn about buyer agency representation
  • Review current market conditions
  • Review available homes on the market
Schedule & Tour Homes
  • Apply for mortgage pre-approval
  • Receive customized home search via email and/or in person
  • Notified of any upcoming homes prior to coming to market
  • Review and select available homes to visit
  • Schedule private showings for interested listings
  • Receive listing handout for each home we visit
Contract Negotiations
  • Select home
  • Review comparative market analysis (CMA), seller’s disclosure, and supporting documents for home
  • Write offer to purchase and negotiate price and terms
  • Offer acceptance and earnest money deposited
  • Arrange for home inspection
  • Accept inspection results or request repair/remedy
Closing
  • Mortgage appraisal and mortgage approval
  • Final walk through (if needed)
  • Review closing documents
  • Coordinate closing date, time, location, and contacts
  • Close on sale of home
  • Provide copies of all closing documents