Weekly Real Estate Market Watch:January 3-10, 2012

San Benito County Market Watch January 3-10, 2012

Lots of real estate activity, but Hollister still needs more homes for sale with the buyers getting low interest rates.  Home buyers have clearly understood the value of today’s interest rates touching 4%, and the sellers who are selling are mainly moving because of a hardship.

A few weeks ago Intero’s broker Gino Blefari sent out a newsletter, stating that sellers should not worry about the housing industry if they are not planning on selling.  What a great idea?..To not worry about something that does not pertain to you!  The real estate market has always had peaks and valleys and some sways last longer than others.  Of course there are mixed emotions when your new neighbor purchased a house for half the cost of your home, but unless you have a financial hardship or can stomach a foreclosure…sit tight and wait for a recovery for you to be able to move.

Hollister went from a foreclosure market to a stabilizing short sale market.  Transactions are becoming more of a routine and having greater success, and agents with certifications, like I have with CDPE, can educated buyers and sellers on the process to makes sure all sides are prepared.   As a CDPE Realtor, I can help sellers with financial hardships find relief with a short sale or other foreclosure alternatives.  The help is free until a home is SOLD, so just ask 831.635.6719.

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