Holiday Season Here Again, Thankful for Family and Friends

 

The time between Halloween and Christmas tends to pass quickly.

It seems Christmas decorations are fully in stores, even before Halloween starts. It is rare to see stores decorated for Thanksgiving. Back in the day, no one even thought about Santa until the Friday after Thanksgiving. I think we need to take more time to emphasize the meaning of Thanksgiving and not let it become just another day on the “countdown to Xmas calendar”.

 

A famous quote from Charles Dickens, says it best “ Reflect upon your present blessings of which every man has plenty, not on your past misfortunes of which all men have some”.

 

Myself as a Realtor, have a lot to be thankful for. Recent statistics show the average days on market have fallen to 82, down from 87 in 2013. The average months inventory supply is 5.5 months. This is also a decrease. This may indicate that the market is approaching a shift from a home buyers market to a sellers market. Good news for Sellers the average list price is up 7.5% over this time last year. All of these signs are encouraging for the real estate market.

 

We are also thankful for so far a smooth transition in the new mortgage disclosure procedure, replacing the old HUD form. Mortgage brokers real estate agents and others associated with this roll out were well prepared in advance, so that the process seems seamless. (at least for us at Howard Hanna and Towne Mortgage)

 

In summary, lets use the 6 weeks between Halloween and Christmas to remind ourselves how lucky we are. We can also use this time to finalize a decision to buy or sell a home. Using Year-end tax strategies, or a year-end bonus may be a good way to start 2016 on the fight foot- investing in real estate, your future.

 

Have a Great Holiday Season and a Happy New Year

By: Sue Maclary – Realtor

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The information on this website is provided by Sue Maclary - Realtor and do not necessarily represent the strategies or opinions of William E. Wood.