Pending Home Sales in Sioux Falls and Nationally

You can’t pick a better time this year than NOW to sell your home in Sioux Falls SD area.  As we who live here know the winter season is long and tough. As soon as the sun starts shining buyers start showing up. The market time from list to close could be 3-4 months from start to finish. So by getting your house on the market now you will be catching those prime buyers who want to find a place and move into it before schools start and autumn comes around.

We are already seeing pending home sales in our area going up and an increasing number of home buyers seeking houses.

This trend is more than just seasonal and regional. Here is the rising home sales trend as stated by the National Association of Realtors® …

Washington, DC, April 28, 2011

March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 5.1 percent to 94.1 in March from a downwardly revised 89.5 in February. The index is 11.4 percent below 106.2 in March 2010; however, activity was at elevated levels in March and April of 2010 to meet the contract deadline for the home buyer tax credit.

The data reflects contracts but not closings, which normally occur with a lag time of one or two months.

Lawrence Yun, NAR chief economist, said home sales activity has shown an uneven but notable improvement. “Since reaching a cyclical bottom last June, pending home sales have posted an overall gain of 24 percent and demonstrate the market is recovering on its own,” he said. “The index means modest near-term gains in existing-home sales are likely, which would be even stronger if tight mortgage lending criteria returned to normal, safe standards.”

Another number three.

3

There are 3 ways to See Homes.

1. Seek out and wait for Open Houses.

2. Research online, call the agent with the sign in the yard.

3. Call THE AGENT and put me to work showing you homes you'll love.

Today's buyers are smart. They do a  lot of online research ahead of time. I do too. And I'll be on the spot ready to help assist YOU with your home buying plans. Plus, I have some great hookups to give you an advantage!

Stop flipping through pages and pages of information. Just for a minute.  Click on your email or your smart phone and contact me. I promise to make it painless and productive. Never pressure.

John Maurer

"The Agent"

Real Estate Retrievers SD-IA LLC

4300 S Louise Ave #107

Sioux Falls, SD  57106

605-521-1183

john@realestateretrievers.com

Taking Off!

Time to Fly!

Things are changing and taking off! We've finally had our first thunderstorm. The Sioux Falls home buyers are coming out in larger and larger numbers. My 2 children are wrapping up their middle school and elementary phases respectively. And my wife is starting her new job tonight.  She has spent the last few years managing the house, art and ebay. Now she adds one more item to the plate... a J-O-B.

My career is changing too. I've focused the last few years on specializing with investors on properties to fix-up and flip. I love that specialized aspect of the business, but in order to have time to support my buyers and sellers of traditional properties, I've had to limit the number of investors I deal with.

Its been a great change. I'm really enjoying getting to help greater numbers of 1st and 2nd time home buying and home selling clients. It is really helping my referral base too. So if you are reading this, send me your friends and family with real estate needs. My pro-active marketing and work ethic has really been paying off for the clients I work with!