March Madness

Did you complete your brackets? As soon as March rolls around, it has become an annual tradition for many people to fill in their brackets for the NCAA Division 1 Men’s Basketball Championship, predicting which teams will advance through the rounds and eventually win the single-elimination tournament known as March Madness, one of the most popular sporting events in the United States.

March is also traditionally a popular month for prospective home buyers to start looking for condos or houses now, as people shake off the winter blahs and plan their next move. More teams than ever before were in the NCAA tournament when it began on March 15—68 to be exact, up from 64 and then 65 in recent years.  Just eight teams were involved when the tournament started in 1939. Similarly, in many cities, there are more homes on the market than ever before too. This is due in part to a flood of foreclosed condos and other residential properties caused by the downturn in the economy since 2008, which resulted in a buyers’ market that can cause another form of March Madness, as people fret over what and when to buy.

But there is no need to stress out. OwnACondo.com Realtors® are well-equipped to guide you through the process of finding your dream home or investment property.

Just think, if you start your quest now, you just might find your ideal abode in time to celebrate March Madness in a big way. Who knows, if you win a bundle on the Final Four, you might take care of the home financing too—for  a while, anyway.