So lovely. Sun’s out. Flowers are in bloom.

If collective optimism can move the market, then there may ba a nudge.  There has been an increase in properties sold, and yet a small decline in the median price range in Incline Village.  Prices and great interest rates are creating a very, very attractive picture for Buyers who have been so cautious.

Sellers in some instances are coming to the wall and sending rejections to would-be Buyers.  So frequently Buyers are placing everything on sq. footages ignoring other aspects of a property’s value ie location.  Yes, LOCATION.  The sacred word of a property’s value.  Remember the real estate mantra location, location, location.

As inventory moves down, demand will rise.  When?  When inventory moves down.  In past blogs I have spoken about the Crystal Ball, still don’t have one. At the same time, how long will these record low interest rates be in place? These are all the considerations of smart Buyers and their CPAs to discuss.

Hope to hear a call from you very soon. Cheers.