If we learned anything from the recent ups and downs in the housing market, it's that the pendulum swings both ways.
There is again interest in building new homes, and buyers of both new and existing homes are again looking to "move up" to something better.
Realtors are looking forward to the March-to-May sales season, traditionally the strongest month for home sales.
The little things are starting to add up for local real estate, with the inventory of unsold homes decreasing and mortgage processing speeding up.
Bill McCabe, owner of Century 21 Executive Realty, offers his thoughts and projections on the economy and the real estate market.
When it comes to buying and/or selling property, determining market value is always an integral part of the process. Generally, market value is the price a willing buyer would pay a willing seller for a property in its present condition.
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