Today's huge snow storm only added insult to injury to our dreary winter. Between the storm, the bad economy, and geopolitical events, I wonder if I should have stayed in bed today. After all, I couldn't really go anywhere today and the Cleveland Orchestra cancelled it's concert tonight (the first time I can remember that happening after playing in the orchestra for almost 30 years!), and on top of everything else, I had water damage to the walls in my house due to ice dams! In case you are wondering how they form and what you can do to prevent them, click here: http://www.extension.umn.edu/distribution/housingandclothing/DK1068.html
Other than that I'm excited about a property in University Heights that I'll be putting on the market sometime towards the end of next week. I am fixing up and staging the home and it's going to turn out beautifully. It's a typical 3 bedroom, one and a half bath home with new counter tops in the kitchen and a huge family room that can serve as an office, media room, music room, family room, or anything else the buyer wants. It connected to the kitchen so the layout is excellent. Be on the lookout for this one.
Despite the weather, the market seems to be slowly picking up and the raise in FHA limits should be a major boost to the real estate market. Since my last post I spent two weeks in Miami with the Cleveland Orchestra and had a great time. It was so nice to enjoy some warmer weather and sunshine and I even had a chance to go snorkling in Key Largo with some rather mean looking barracudas! The orchestra returns to Miami for a week of concerts at the end of this month. Hopefully by then Cleveland's winter will have abated.
If you are thinking about buying a home, this is probably one of the best times in recent history to buy. Rates are low, there are plenty of nice homes to buy, and seller are eager to sell. Make sure to get pre-approved for a loan first, since many realtors are reluctant to drive people around to look at homes who haven't showed they are really serious about buying by getting a pre-approval. With the cost of gasoline it's hard for agents to take people around who are just "sight-seeing". Pre-approval also puts the buyer in a much stronger negotiating position, since the seller knows that the sale won't be contingent on financing.
If you are thinking of selling, it's a great time to start fixing up your home for sale. March, April, and May are the best months to put your home up for sale.
I hope you weathered the storm well.....
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