Americans have been signing more contracts to buy homes lately than they have at any time over the past two years, according to a report from the National Association of Realtors.
These contract signings, which can also be looked at as Pending Home Sales, typically indicate which direction the housing market is headed as there is generally a one to two month time span between when a contract is signed and when the deal is completed. While a contract is not iron-clad in most cases, these Pending Home Sales can typically be counted on to go through.
The increase in sales is the latest sign that home sales are continuing to rebound five years after the housing bubble burst during what is being called the worst economic downturn since the Great Depression.
However, with unemployment still at all time highs, banks hesitant to loan, and a high number of ‘underwater mortgages’ still in play, is this really a recovery or just a blip on the radar?
What situation are you in? Just because the market is picking up doesn’t necessarily mean that the traditional way of hiring a Realtor to put a sign in the front yard to attract a qualified buyer with a mortgage is working in today’s economy.
At Hippie Hollow Homes, we utilize multiple, out of the box strategies when it comes to buying and selling homes in the Austin, Texas area. Since 2004, we’ve participated in more than 1,200 real estate transactions. Our passion is to help homeowners in distress avoid foreclosure and sell their house quickly.
Hippie Hollow Homes | How We Work
Here’s how this works…
- Contact us and let us prepare your offer(s)
- We research your home and neighborhood, and prepare a series of purchase offers and scenarios
- We will call you back quickly to review offers and/or schedule a time to meet
- We will always make you a fair offer
- We will always offer to list your home, with our purchase offer as a back-up
- We will also make you some creative offers that may be more beneficial to your situation and timeframe
- Choose your plan or say “No Thanks”
We have assisted over 1,000 home owners in the Austin, Texas area, but we cannot help you if you do not contact us. Call us today!
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