opening doorsWe’re half way through January, heading quickly to February and then soon after that spring will be here again.

As we move past the holiday season I want to encourage you to take a look at your real estate holdings.

Your home, your second home, your rental(s), or maybe the fact that you’re currently not a homeowner.

Why? Now may be an excellent time to jump into our real estate market. John Deininger, Realtors Association of South Central Wisconsin executive director, recently stated:

Some people do understand that getting into the market right now, whether it’s in stock equities, or real estate; will allow them to find opportunities that may not exist in the future. It’s a great time to buy, and I predict people will look back at the opportunities that currently exist and regret sitting on their hands.

More confirmation: Currently the average days a home has been on the market in the entire Wisconsin Rapids area is 200. Compare that to the average of 135 days on the market for a home that sold during 2008.

What does that mean? Odds are the best homes will have sold before it’s been on the market for 200 days. If you’re a little creative, a little handy and take a blind eye to wallpaper and bold colors you can find your diamond in the rough.

Obviously you cannot predict the motivation of every Wisconsin Rapids home seller, but to me if my home has been on the market for 6+ months I’m a bit edgy and am willing to negotiate with buyers.

If you want to talk about taking advantage of these opportunities click here to contact me today. Now may be the best time of year to start your search–homes that are on the market have gone through the winter with very few showings, plus with spring coming more homes will start to come on the market.

Photo Credit

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Written by Adam Holberg — Castle Rock Lake Real Estate Agent. You can call/text me at 608-542-0178 or send me an email at holberga [at] firstweber [dot] com.

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