What's my home worth?
Why It Makes No Sense to Wait for Spring to Sell
January 29, 2019
The price of any item (including residential real estate) is determined by the theory of ‘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.
The supply of homes for sale dramatically increases every spring, according to the National Association of Realtors (NAR). As an example, here is what happened to housing inventory at the beginning of 2018:
Putting your home on the market now, rather than waiting for increased competition in the spring, might make a lot of sense.
Buyers in the market during the winter are truly motivated purchasers and they want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.
Buyers: Are You Ready for a Bidding War?
July 13, 2020
Latest Unemployment Report: Great News…for the Most Part
July 06, 2020
What Are Experts Saying About the Rest of 2020?
June 30, 2020
Homebuyers Are in the Mood to Buy Today
June 22, 2020