March "Real Estate" Madness

March Madness is almost upon us. That time when "most of the world" pauses to follow one of the most watched sporting events in the entire world. It is estimated that nearly 4 billion dollars will be wagered worldwide during this little basketball tourney. Not bad for 3 weeks of play.

Guess what? Most of the world is just as intrigued about the real estate market. There are not too many day's that go by where I'm not asked "how is the market in Clark County?”. The short answer is "the market is great"! Sellers are still selling and buyer's are still buying. The key to this happening simply comes down to pricing. We have stabilized back into what I would consider a more "normal" market. As long as the seller's are pricing their property within the range that the market establishes, the buyer's are willing to buy. The day’s of adding an extra cushion on top just in case the buyer might pay it are gone for now. Generally speaking, buyers don’t need to do that. There is plenty of inventory for most buyers to look at.

Make sure that your Realtor is up to date and actively in our marketplace full time to best represent you, whether selling or buying. The great thing is real estate isn’t just a three week per year event; it is every day of every year. Isn’t the Big Dance wonderful!

Take care,

Dale
The Chumbley Team