Point Pleasant Area Real Estate is Picking Up

Typically an agent in the Pt Pleasant area can vacation from January to mid February and not lose any business. Come President's Day activity tends to really pick up. This year seems to be about 3 weeks behind schedule. Sellers are hesitant to put their homes on the market and buyers think the home of their dreams will still be on the market in 60 days when they finally get around to making an offer. All indications are pointing to buyer beware, the stock market is giving the consumer more confidence, housing starts are up for Feb. and mortgage rates are still at all time lows. The buyer who finds the perfect home and drags their feet on an offer, may very well be regretting that decision two months from now. A good agent will give a buyer all the information to make a well thought out offer taking into consideration sold comparables, days on market and market conditions at the time of the offer. Many homes are selling 10-15% below their asking prices. I'm not suggesting just throwing a number at a seller to see if they'll bite, but a well presented offer with an attached market analysis may very well sway the seller and lead to favorable negotiations. With a little homework and a hard working agent on their side, buyers wont be telling the " I could've, I should've" stories on their next visit to the beautiful Jersey Shore beaches with their friends and loved ones.