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As I promised yesterday, here is another quotation on the theme of love, from an ol' Irish realtor with a romantic soul !! This time a quotation from the famous 19th century Irish poet, William Butler Yeats who wrote:
"Had I the heavens' embroidered cloths,
Enwrought with golden and silver light,
The blue and the dim and the dark cloths
Of night and light and the half light,
I would spread the cloths under your feet:
But I, being poor, have only my dreams;
I have spread my dreams under your feet;
Tread softly because you tread on my dreams."
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All right, so here in the Bellingham area it has been pretty much a “snowless” winter. A few flakes there and there but that was the extend of it. I love all seasons. Winter is usually no exception. The beauty and the calm snow brings me is a wonderful feeling. So; against my better judgment, I finally gave in this morning and wish for spring to “sprang”. I am giving up my “snow dreams” and wishing for tulips and buds in the trees.
There you have it. I took a picture of the tree tops in my backyard and hope to share with you real soon, the same picture with some “greens” attached to it. Who’s ready?
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The current absorption rate of the real estate market in Quincy, MA for single family homes is 31.8.
This figures means that it would take approximately 32 weeks, or close to 9 months, to sell all of the inventory that is currently on the market at the rate of sale that is currently occuring.
This figure means that it is currently a buyers market.
Here is a breakdown of what you can expect with certain absorption rates:
1-4 months – Sellers Market. More buyers than sellers, with properties often selling quickly for more than asking price.
5-6 months – Normal Market. Similar number of both buyers and sellers. Properties sell for, or close to asking price.
What does this mean for homeowners who want to sell their home in this market?
It means that sellers have to list their home with an agent who is going to agressively market their property.
It means that sellers have to price their home agressively to get it to sell.
It means that sellers have to make their home easy to show.
It means that sellers have to adequately prepare their home before it starts being shown. This means decluttering, cleaning, possibly staging and making minor repairs.
If you are a seller and you want to sell you home, do not be discouraged. Homes are being sold, you just have to make sure that you do it right. To start, you should list with the right agent.
If you would like to sell your home, please give me a call on 781 929 3683.
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You find peace not by rearranging the circumstances of your life...but by realizing who you are at the deepest level - Eckhart Tolle
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