With the money from the income tax returns, the decline in property prices, the tax credit with a contract before April 30 and even FHA is easing the seasoning rules. All the planets have aligned to create a great Spring for the housing industry, the momentum may carry to the always busy Summer.Last week I was really busy with new REO listing, Short Sale listing and even some buyers. Even with the snow today, my listing had a lot of showings. Lets take advantage of this break that we all needed and enjoy this spike, congress might not extend the $8,000 tax incentive, and we don't know if the lender will start lending again, there are too many houses under water, and some loans are due to re-set this year and the upcoming years.Lets have fun and make the best of this HOT market while it last, and lets sell, sell and sell. We don't know what the future might bring, but the present is good.
You are right Jose, I'm tracking the best start to the year I have ever had in real estate, 5 closings in Jan and 10 on the board for Feb so far as carry over, with 4 more properties ready to list and 5 active most came out of the December work. I know things will be much better this year. Does any one else feel the "shadows" are starting to surface? Tuesday I got a new assignment that I know had been vacant for a while, The back door had been rekeyed by PP and inside had not been touched. the PP log was started on 11/17/2007 yes......2007. There were 35 entries on the log over 2 pages for property checks and grass cuts. 1st time I have seen this! Are we in for a ride in 2010?
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