Purchasing a home with an HOA has special considerations; engage an experienced Realtor to help.With historically low home inventory and single family homes in high-demand, many first time home
Fall Market- Hug it Like a Warm Baby
Dated: September 9 2020
Views: 51
The Fall housing market is upon us.
That means that, like every Fall, the market slows. Well, it's supposed to, anyway.
Not this year. I always say that there are crickets heard on any listing I have that is live on Labor Day.
This year is so different. I had a listing that I expected to be slow, based in similar sales in the neighborhood, irrespective of Labor Day. It wasn't. We had multiple offers!
This year got a very slow start because of COVID, but once everyone figured out how to navigate showings (and the world in general), the market came alive.
I expect the Fall market will remain robust, given the record, continued low interest rates. Buyers can afford a lot more house than they have been able to afford in the past.
Sadly, the challenge that remains is a market that is extremely scarce in inventory. There are a lot of buyers, and a small number of houses to choose from! That means that most sales are involving multiple offers, which can be a challenge to some buyers to compete. Buyers are trying tactics that I rarely advise, like foregoing inspections, offering to pay cash to compensate for low appraisal values, and other strategies that may not be safe bets for buyers.
Regardless, it is still an excellent time to buy; everyone has a lot of purchasing power. Don't be afraid of this market. Embrace it. Hug it, like it is your own baby. Buy a house.
Chuck Gollop
Licensed Realtor, Stand-up Comedian, and Retired Police Sergeant. I took my 25 years of law enforcement experience, threw in my experience as a stand-up comic and college teacher, and used those ideal....
Latest Blog Posts
Reasons your confusion is real, and why enlisting the help of a realtor will help you achieve clarity.Zillow. Realtor.com. Trulia. We’ve all heard of them, seen their Super Bowl and SNL
Demystifying the home inspection for anxious buyersHome inspectionsThere was a time, not that long ago, where I would NEVER advise a buyer to forego a home inspection. If you have read my blog
And why choosing to work with a full-service Realtor can mitigate a painful selling experienceDiscount brokerages: you’ve seen them. They lure home sellers with shouts ofWe sell for less!Sell
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than CallUpGollop Team are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. 
All information regarding a property for sale, rental or financing, school information and public tax records is from sources deemed reliable; PROVIDED, HOWEVER, that representations and warranties are not made about the accuracy thereof, and such information is subject to errors, omissions, updates, modifications, changes of price, rent rates, commissions, prior sales, leases or financing, changes in school boundaries, or withdrawal without notice. All information displayed on this Website should
