March Madness and Enewsletter

CLICK FOR YOUR ENEWSLETTER HERE http://karensherrill.housingtrendsenewsletter.com/

Welcome to March Madness. In our household the only “madness” is three out of four Sherrill children have their birthday’s in March. This month I must admit to a bit of the traditional “March Madness” as the San Diego Aztecs (my husband’s and daughter’s are alums) are actually in the hunt – who would have ever thought that would happen? Who would have thought I would be watching a basketball game? So, dare I say it, go Aztecs!

Being a Realtor, many conversations start with people asking me “how’s the market?” or “how’s business?” Those questions are actually more complicated than they appear. Simply stated the market is SLOW and business (for now) reflects that. Being slow in Real Estate is an oxymoron. I am still very busy building my business, contacting clients, staying current on housing trends and legislation that affects real estate; I continue to gain education and resources to better serve my clients…..I just don’t get paid. HOWEVER, we are just now moving into Spring and often they way we feel isn’t always reality. An example would be the most recent statistics from HAR stating that housing is down in the month of February. This is true, however last year at this time the market was flooded with anxious buyers wanting to take advantage of the generous homebuyer credits that expired the end of March (if memory serves me correctly). The truest comparison to see if the market has recovered really won’t be told until summer’s comparisons. As I have been monitoring housing in the Clear Lake area I have seen a couple of notable trends

· There are a lot of homes available in the market but the market is not oversaturated with homes like elsewhere in the country
· Homes that are priced well and are move-in ready sell quick
· Home prices have NOT taken a huge nosedive but are holding steady
· There are still some home sellers that believe they can get every dime of improvement out of their home and have unrealistically priced them this way (which is why they aren’t selling)

So if low interest rates and inventory make it a buyer’s market what can I do? I am hosting a community-wide

Homebuyers Workshop on Saturday, April 16th

from 10 a.m. to 1 p.m. at Gateway Community Church.

This workshop is FREE as it was provided by a grant from Texas Association of Realtors Workforce Housing Initiative. My funding pays for facilities and food (yes FREE food from Chick-fil-A!) but does not include marketing. I am trying to spread the word to my clients AND hope you will help spread the word to others. I have partnered with Wells Fargo, Hometrust Mortgage, AAA Texas, Farmers Insurance, Credit Security Group and Nation Credit Federation to offer a workshop that will help current homebuyers, prospective homebuyers (to buy now or a few years from now), or “there is no way I can ever be a” homebuyers. It will provide information and resources and allow attenders to ask questions to help them on the road to home ownership. I have attached a flyer to help spread the word – print it out and send to friends. So if you, or someone you know is renting – this is the place to be!

For more information visit my dedicated website or text "ATTENDING" to me at 7138175710