All though statistics are mixed the word on the street is listing inventory is down, buyer activity is strong and multiple offers are becoming common place.
ZIP Codes: 04101, 04102, 04103, 04105, 04106 Approximate Location Boundaries: Portland Peninsula & Greater Portland
Location Characteristics: What is the word on the street? We are busy and buyer activity is at levels we haven't seen in years with competing offers becoming common place. Could this be our turn around year? Hold on to your hats and stay tuned because it is going to be one of those things we'll know when we get there!
This being said, sellers need to be brutally honest with themselves when it comes to pricing their home. The reality is that buyers continue to be cautious, analyzing, scrutinizing and rationalizing all aspects of the purchase. Bottom line is buyers need to feel really good about final contract terms and numbers before they will move forward, and they should.
Many, many things need to be considered when selling or buying and this is where a knowledgeable agent with a well rounded skill set will provide you with the information and services you need to help make these decisions.
