Real Estate in Chantilly and Centereville Area: Buy, Sell, or Wait?
January 18th, 2010 categories: Buyer Strategies, Real Estate Psychology, Seller Strategies
Working with buyers and sellers every day, I get a sense of the “mood on the street” that is not necessarily reflected in national statistics.
Here is a quick impression of what I have been seeing lately in working with Northern Virginia home owners and buyers, as well as those moving here from other areas.
I’d summarize the mood this way: “I am going to get on with my life!
After four plus years of non-stop bad news, people are tired of having their real estate life on hold.
Of course, reality is ever present, and some people have circumstances that simply prevent them from doing what they would like to do. Some things you can not, and should not ignore. No point in making a real estate move that will make your situation worse.
But “distress” is not the only reality that is out there. There are many buyers and sellers on solid financial ground. They have been watching the national drama, and trying to figure out when is the right time to do whatever it is they planned on doing, real estate wise.
So what point do I want to make from this? Let me offer a few ideas to any of our readers who may be thinking through a real estate decision.
First, make rationally-based decisions, not fear-based decisions. To me, this means not being overly optimistic or pessimistic. It means looking honestly at the key factors that are part of your decision.
Second, get really good professional advice. Never work with someone who you feel is trying to exert pressure on you to make their preferred real estate decision. I have made this point from time to time in this blog: choose a really outstanding real estate agent.
Third, if the finances add up for you, do remember that you are living through a time of special opportunity. At some future point, who knows when, the real estate market will be much different than it is today. Add just enough contrarian thinking to see beyond what the “crowd” sees.
And if you do happen to be looking for someone to help you make that next move, we invite you to watch a different kind of testimonial video…in the voice of our clients.
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