Pinetop White Mountain Blog

Good Afternoon Everyone,

Believe it or not, property is moving again!  In many cases it is moving pretty quickly now.  I know, I've been out with buyers the last month every weekend all weekend and by the next week's end half the properties we saw are pending sale.

Why all of the sudden have properties started to move?  Because inventories are dropping and the selection is getting smaller.  As a result if you see something you like you need to move on it.  No more waiting around to see if the price is going to come down more.   No more waiting to think about it.  If you want it, get your name on it or it will be gone.

The summer season is coming to a gradual end too.  And with that come properties disappearing from the market place because the sellers don't want to have to keep them open for the winter months.  In second home market like this one, once Labor Day is over many of the homes that were available will disappear from the marketplace until next Spring.

For you First Time Buyers, time is really running out for you on finding those affordable properties.  They too are disappearing from the market for those who didn't wait and moved forward when they found the one they wanted.  The time to get in on the tax credit of $8000 is also fading quickly.  Remember your sale must close escrow by the end of November to be able to qualify for that tax credit.

So if you have been waiting all summer for those late summer deals.  You better move now because summer is almost over and with it many of those deals are going to disappear.  Many many not reappear at all because for those sellers who are not willing to take a hit on their values, they are withdrawing those properties from the marketplace until prices begin to go up again and they won't be back for a long time.

So get out there, get your approval letter in hand, and start shopping.  If you don't it could cost you the home you really want.

Have a wonderful weekend.  Come on up to the High Country and enjoy the cool high country air.  If you are inspired to look at a few homes, give us a call.  We are here to help you find the home of your dreams.

SANDRA & BRUCE PAULOW, Your High Country REALTORS ®