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Have you been thinking of selling your home? Have you noticed that a LOT of industry people in real estate have been talking for a while now about how now is a great time to sell? Well the truth is, now IS a great time to sell but it may not last for long. In fact, there’s a good chance that by the beginning of next year we can start to see prices going back down or staying level.
So
why not jump on the bandwagon now and get your home sold for top
dollar at a time when there are plenty of buyers willing to pay
premium prices for good homes in good locations?
We
are expecting a good number of foreclosed properties to show up on
the MLS in the coming months, particularly in October, November and
December. Consider the basic laws of supply and demand. It’s
quickly apparent that with the number of foreclosures expected during
the next six months we can also expect to see prices rise or at least
remain stable. The reason for this is that as supply continues to go
up and demand remains the same, in order for the market to
self-adjust, prices have to stay affordable so they continue to move.
Our
current inventory level is at about 4,000 homes and we expect to have
as many as 8,000 homes available for sale by the first of next year.
Before you’re faced with too much competition, consider selling
your home while supplies are limited.
~
So
if you have been thinking that in the next three to five years you
might be selling your home, consider selling sooner and getting top
dollar! We invite you to contact us today for a look at what you can
expect to receive in today’s marketplace for your home.
