It varies in different parts of the country and by economic factors. For example, when jobs and wages are depressed in a certain area or real-estate taxes have increased substantially it can becomes a buyers’ market. If the economy is booming in a certain area, it can become a sellers’ market. The market is also determined by supply and demand.

Some people will only choose to buy new construction because all appliances and mechanicals are new, and usually feature the latest design. I.e. cabinets, countertops, flooring, window treatments. Older properties quite often have larger room size and vintage properties exude charm. It is all a matter of personal preference.

Like in any profession, Experience is the number one factor in selecting a realtor. An experienced realtor has come across many different situations as there are no two deals alike. She can provide properties with your specific criteria, doing the showings, writing the contract, negotiating, attending the inspection and being able to bring the transaction to a close. With her experience comes dealing with real-estate attorneys and mortgage brokers.

Communication with her client is the second most important quality to look for in a realtor. A realtor should stay in contact with her client sending new listings and giving important information pertinent to the criteria provided by the client. I.e. a notification of the special assessment.

It all depends on buyer and seller schedules but usually a closing takes place within 45-60 days. IF it is a cash deal it can take as little as 30 days or less.

You need to have a pretty good idea of your criteria in mind and be able to provide to a lender your financials before entering into a contract you will need to have a prequalification from a lender or if you are a cash buyer, proof of funds from a financial institution.

I would be delighted to meet with you to discuss finding your perfect home or commercial property.