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The National Economy and Your Block

The National Economy And Your Block

I think every Bucks County Realtor shares my overall sense of optimism as national housing prices continue to revive. While the nation’s economy could definitely be in better shape, this growing stability in the residential market is one of the few economic indicators to provide a steady stream of positive news. The rest of the economy can certainly use some of that: since the real estate market is so massive, upbeat reports from our industry provides a steadying influence on the others.

Realtors nationwide know that the current basement-level interest rates for home loans are part of the reason. Especially because of the public commitment to hold rates down into the future, other outside influences (like widely fluctuating gas prices) have less effect on the greater trend. 

What does that mean for us, in our neighborhood -- on our block?  After all, we don’t buy and sell real estate nationally.  Since home sales are the ultimate local product, to get the most accurate applicable economic information, we have to go local. That’s where a Bucks County Realtor makes all the difference.

An experienced Realtor is the single expert most familiar with the nuances of Bucks County neighborhoods. For a buyer, that means providing guidance on where to look to find the best value that matches requirements.

For a seller, we are able to get started in the right direction by compiling an up-to-the-minute competitive market analysis. The fact is, a price may seem fair -- seem ‘right’ – yet, if the rest of the market has moved away from ‘right,’ still fail to produce interested buyers...or to create more of a bargain than was actually called for.  The information that pegs the current Bucks County market is the surest way to save precious time.

A knowledgeable area Realtor  helps a client develop winning strategies for selling their home quickly – and that’s something that entails more than just finding a price that attracts buyers. Because markets are always changing, marketing must change with them. For example, when the market is heavy with investors (who are looking for a deal), it’s a different situation than when it is dominated by traditional homebuyers (who are looking for a home).

In any case, whether you are buying, selling or investing, Realtor in town will be an invaluable asset.  I am here to help my clients make sense of it all -- call me anytime to discuss what’s doing!

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

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