Tuesday

MLS Inventory Confirms Buyers' Market

As I got up this morning and logged on to the Multiple Listing Service (MLS), I checked out the available inventory. There are 5,039 residential properties available in the area right now. That's an amazing amount of choice, my friends. What are you waiting for?

When you hear members of the media talking about a "buyer's market," this is one of the chief factors -- abundant choice.

How do you narrow it down when faced with this paradise of properties? As a buyer, you should be making a list of the things you need in a new home and the things that would be nice to have. "Needs" might include the number of bedrooms. A screened-in porch would be an example of something "nice to have."

Give that list to your Realtor or ask her to help you develop the list. Then you'll be armed with the information you need to make a decision and move into that perfect new home.