Monday, June 16, 2008

No Bag Days In Real Estate!

I wrote this article for a corporate newsletter in October 2007. But the gist of the piece still holds true.

Fall is the traditional time of year for raking leaves, picking apples and visiting state fairs. Another tradition is the church rummage sale, which is often held before the holiday craft bazaars take over the church basement. The last day of the rummage sale is often called ‘bag day’. Whatever buyers can cram into a shopping bag can be yours for say $5.00.

Happily, there are no ‘bag days’ in real estate. While it’s true there may be end of season bargains to be had, most homeowners de-list their properties until spring, rather than risk losing thousands of dollars in home equity.

By winter, the selection of homes can resemble the waning hours of a farmers market. The good stuff is long gone, leaving baskets of squeezed tomatoes, bunches of overripe bananas and lots and lots of eggplant!

If you are thinking of buying, there is no “best” time to buy. The best time is when you find the home of your dreams at a price you can afford. If you are selling, the market is always hungry for the ‘cream of the crop’ homes. When is the best time to call me? How about today!

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