Perception

Interesting, in today's market, the first question that I get now from buyer's is always regards to how the market is behaving. Loaded question of course, but the answer is transparent in my opinion, but often times, a buyer in today's market looks for security to know they are buying at the right time.

In the market here in the Central Valley, both commercial and residential real estate are on the rise again, but it is interesting to see how both buyers and sellers seek to confirm their perception, to ensure their timing is right. The sellers, well, they hope to confirm that the market is on the rise so that they can either move their property, or move their price :)
Buyers, well, they want to know that the market is moving in a positive direction, but not too fast so that they did not miss the chance to buy at the best price.

The good news for the market in general, both on buyers and sellers side, is that the perception of current economic conditions and how they will affect us has changed dramatically. People have now decided that they must continue living, making decisions, investing, and buying that first, second or third home, or opening up that next office space to continue to expand their business.