The local real estate markets are moving, albeit at a much slower pace than expected, even during this time of year.
Typically our “Sold Numbers” would be in the low 100’s – we have been in the double digits during the past several weeks.
Loans and Lending, while interest rates are low, are still providing challenges for some that need to obtain financing to buy a home.
They offer various forms of the convention loan which had disappeared during the few years after the crash of the latest real estate market 2006/2007 – but they have made their way back.
The documentation and paperwork is watched carefully and mounds of it are required, with updates being necessary all the way to the finish line.