SELLERS MARKET CONTINUES
The spring months are when most of our clients list and sell their homes. As warmer weather approaches and as Buyers look to purchase a home between March and June, this time frame tends to be the months with the most amount of new listings and sales. Not the case this year as low January inventory levels similar to those of the 2017 Pre-Fair Housing Plan, are resulting in not enough available supply for buyers taking advantage of cheap borrowed money. Newly listed homes are getting 50 + showings in 2 days and are selling for way over asking price with anywhere from 5 – 15 offers. This market is extremely competitive and the only way for Buyers to secure a home is to remove all conditions and submit a firm offer. Plain and simple, the advantage is in the hands of the seller.
If you own a home and are considering selling it, this is the market that you would want to take advantage of. It is extremely rare and when handled strategically, Seller’s can net an extra 5 – 10% directly into their bank accounts. Interested in how this effects you? Set up an appointment here for a confidential consultation to where we can assess your needs and offer a strategy to net you the most amount of money. Call or email today!