The #1 Reason to Sell Now Before Spring
The price of any item (including residential real estate) is determined by ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an example, here is what happened to housing inventory at the beginning of 2017:
Putting your home on the market now instead of waiting for increased competition in the spring might make a lot of sense.
Bottom Line
Buyers in the market during the winter months are truly motivated purchasers. They want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.
To view original article, visit Keeping Matters Current.
Why There Won’t Be a Recession That Tanks the Housing Market
The fundamentals of the economy, despite some hiccups, are doing pretty good.
What To Know About Credit Scores Before Buying a Home
Working with a trusted lender is the best way to get more information on how your credit score could factor into your home loan.
Why You Want an Agent’s Advice for Your Move
A real estate advisor can anticipate what could happen next and work with you to put together a solid plan.
Why Today’s Housing Supply Is a Sweet Spot for Sellers
The number of homes for sale and new listing activity continues to improve compared to last year.
The Truth About Down Payments
Unless specified by your loan type or lender, it’s typically not required to put 20% down. That means you could be closer to your homebuying dream than you realize.
Expert Home Price Forecasts for 2024 Revised Up
Now that rates have come down from their peak, and with further declines expected this year, buyer demand has picked up.
Strategic Tips for Buying Your First Home
If you’re ready, willing, and able to buy your first home, here are some tips to help you turn your dream into a reality.
It’s Time To Prepare Your House for a Spring Listing
With the market gearing up for its busiest time of year, it’s important to make sure your house shines bright among the competition.
Bridging the Gaps on the Road to Homeownership
Homeownership is an important part of building household wealth that can be passed down to future generations.
Houses Are Still Selling Fast
Homes are selling faster than the norm for this time of year – and your house may sell quickly too. Are you thinking about selling your house? Give us a call!