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Realtors® report local market in recovery
The Greater Piedmont Area Association of Realtors® (UPAAR) is excited. The dynamics are here for a better market and the statistics are beginning to prove it. Based on local MRIS Multiple List information the number of homes “Sold* is rising, reducing the amount of inventory on the market and conditions are stabilizing
This is cause tor celebration in the UPAAR region that includes Fauquier. Rappahannock. Madison. Culpeper. Orange and parts of Warren Counties, as the MLS lists 350 homes in Contract.
“We are receiving reports of improving market conditions not only from REALTORS ® in our local area, but also from markets across the country* stated Nancy Hetlin. GPAARs President
First time homeowners are seeing their opportunity to take advantage of low interest rates; choice homes priced right and a good supply to make an intelligent decision. Second home purchasers are seeing the potential to lever' age their money over the long term, rather than watch it decline in the current stock market. Since the majority of the average persons wealth comes from home ownership, many are re-evaluating the current market.
If you were thinking of waiting until the media says, “buy*, you would have missed the opportunity. The tune is right now. Contact your local UPAAR Realtor*# to expert - ence what the excitement is all about
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