Sunday, November 22, 2009 Pre-approved Buyers still looking, but properties lacking.by Ben Officer on Sun, Nov, 22, 2009 10:10 PM
With our first real snowfall on the ground (that earlier one doesn’t count to me) I am still finding the real estate market busy with buyers who have pre-approvals. They are looking for houses and condos in the Edmonton, St Albert, and surrounding real estate market areas for me to show them. One of the big draw-backs is, in some cases, the lack of MLS listings that fit their criteria. For most of them, if the home is priced reasonably well, matches their criteria for bedrooms etc.., and shows okay it would be something they would purchase. I have been talking to quite a few prospective sellers who say they are waiting until the spring of 2010 to list their houses or condos for sale. In most cases I can understand their rationale, but considering the market right now it might have been a good time to list, sell, and buy their new home right now. I know, easy for me to say but I am in the information game. I give sellers and buyers the best information I can so they can make informed decisions that best suit their situation. We will see how the rest of the fall and first part of the winter of 09/10 market activity fairs out. Ben Officer, CD REALTOR® RE/MAX Real Estate |
| *** The author of this blog, Ben Officer, is a licensed REALTOR® in the province of Alberta. The opinions expressed within this blog are those of the author and are simply that, opinions. The views expressed in this blog are not intended to advise you, as your needs may differ depending on your particular situation. The information provided in this blog is not guaranteed to be accurate and is subject to change at any time. For legal advice/information, please consult a lawyer. For mortgage advice/information, please contact a licensed Mortgage Associate. For tax advice/information, please consult an accountant. For investment advice/information, please contact a financial advisor. *** Blog Disclaimer - The information contained within this blog and posted by the author is believed to be true but cannot be guaranteed to be so. The author of this blog takes absolutely no responsibility for the comments posted by third parties on this blog. |