Weather Affects Real Estate
After a very good December in regard to home sales there was an expectation that January and February would follow suit. However, no one expected the type of weather that paralyzed much of the nation. When people cannot move around freely, home sales normally fall. This is just the way it is. Fortunately for the Middle Tennessee Area, the weather wasn’t near as distracting as it was in other parts of the country. This is one reason that real estate is always considered local.
For those that are selling, this is a great time to have your house on the market as the last of the first time homebuyers look to get a house under contract before the end of April. At the same time, it is a good time to buy because of the tax credits for most buyers as well as interest rates that are still well below normal. There are good buys in almost every price range but it won’t always be that way. If you are ready, start looking. You will be glad you did.