A quick note from Judy Niemeyer ~
Welcome to our Fall! Mornings are beautiful with lower temperatures and beautiful skies. Of course, you have to imagine fall leaves because in the South, our leaves stay green. Can you believe that Thanksgiving is around the corner?
What a year 2020 has been. It has been a tough year for all of us. It reminds me of a very bumpy road, smooth in sections, and then a rut comes and bumps us off our path. Covid-19 was the first issue that bumped us. Masks became the new norm. Then Sally struck us with unbelievable winds and destruction. Now, we sit back and see what is next. Is it another Covid-19 burst or just the flu? Who knows?
Thank goodness, our real estate market has been very active. Interest rates continue to be very low. It is a great time for people to sell and buy. A lender last week quoted a 30-year interest rate of 2.8% which is hard to believe. Even with these low interest rates, buyers are still very opinionated. Selling a home is not as easy as the general public thinks.
Let’s compare 2019 to 2020:
Presently we have 523 active homes on the market from Spanish Fort to Point Clear with 460 homes under contract. If all of these homes close, 2020 will be an incredible real estate year.
If you have questions, please feel free to call me. I always love to hear from you!