What To Look For As a Buyer In Your Real Estate Market

As we sit on the edge of our seats to see which way the real estate market will turn next, there are a number of people waiting for the market to hit bottom before they decide to buy.

How do you know when is the right time?

Blanche Evans, columninst for Realty Times has outlined a number of indicators to watch for if your are thinking about buying. Keep an eye on your local market and watch for these signs.

• Inventories Start to Decline


• The Days on Market Reduce


• Mortgage Applications Increase


• Sold Homes Go For Closer to List Price


• Prices Remain Firm or Rise


• Incentives Disappear
  

Some of these factors may already be happening in your area, so don't wait. If you were planning to buy and you were just waiting to see where the market would go, the time may be now. To read the full article, or watch the video, titled Realty Viewpoint: Six Signs It's Time For Home Buyers To Buy by Blance Evans click here.