Low interest rates, great home prices and the buyer’s tax credit program may all be factors that explain why buyers are focused on real estate at this time.
According to the Mortgage Bankers Association (MBA), mortgage apTucson Real estate homes Realtorplications jumped 16.8 percent during the week ending October 24 from the previous week. Applications were up by 10.1 percent for government-backed purchase loans (mostly FHA). Conventional purchase loan applications increased by 7.9 percent.
What does this mean? Sellers need to keep a positive attitude about selling their home.
Here a few tips sellers should follow:
Make sure your home is professionally staged.
Clean and spotless is tough, but necessary at all times.
Your home should be ready to show at any moment. The perfect buyer might drive through your neighborhood, with their agent, on the way to another listing and see your “for sale” sign. It happens.
If you have any questions about buying or selling a home in Tucson, call me at (520) 631-TONY (8669)