Now is the time.

Are you thing about buying or selling a home? Well either way, buying or selling, NOW is the time for both buyers and sellers.

For Home Sellers the market is heating up and we are seeing home selling have less days on the market, higher LP:SP ratios, higher price per square foot, and higher average selling prices. If you are a home seller today you will see a number of home buyers tour your home with the ability to buy your home...TODAY. There has been a pent-up demand for homes by buyers for a long time and they are now entering the market to buy their new home.

As with most markets they don't change with everyone jumping on the band wagon at the same time. There were many opportunities for home buyers to get terrific deals on their home purchase but they decided to wait and see. Realtors kept touting it was time to buy and no one but a very few stepped forward and to advantage of the opportunity. Now it seems home buyers have decided NOW is the time to purchase their new home.

It's interesting how the majority of home buyers decided to purchase at the same time, which caused a difficult market for them to compete in. That's the nature of markets in general whether you are buying a home, stocks, bonds, flavor of the day cars, or any consumer item.

For Home Buyers the market may be competitive, however, they will see interest rates like no other home owner has seen before. I saw a conforming loan on Friday listed at 2.875%!!! I'm currently approved for 3.375% on a jumbo loan on my personal resident. The money is cheap out there folks. This is good for the smart home buyer because historically real estate has been a great hedge against inflation. I am of the opinion the second shoes has not dropped and inflation is about to raise its ugly head in the near future.

Just look at this sequestration that will take effect on Friday, March 1, 2012. The changes though I think is long overdue is going to have a huge effect on most Americans. The cuts in 2013 are going to be 8.4%. This may not seem like much but over the implementation of this sequestration the San Mateo County Central Labor Council, which is based out of Foster City, CA, issued a press release emphasizing that California will lose funding by 93% of it for education, public safety, health care, and job training. I am sure this will include other States across the United States. I don't see a solution to this lose of funding except for inflation. Again, housing/real estate has historically be a hedge against inflation. If you are thinking about protecting your assets putting them in real estate is, IMHO, is a good idea.

So as stated in the beginning of this post, NOW is the time to either buy or sell your home. It's a win-win environment for everyone who is thinking to change their assets in 2013. Good luck everyone.