A New Year means a new beginning for many families such as selling their current home and moving into their dream home. The typical “spring market” is actually now a winter market which is different than previous years. It doesn’t make sense anymore to wait to list your home, now is the time!
Mortgages have recently jumped and are forcing buyers into the market which is creating a demand of inventory for homes. At the same time, inventory of homes has declined in the last year which creates higher sales prices and fast sales.
Here is a chart showing the decreased inventory levels:The bottom line is that demand for homes right now is very strong. Competition of other homes for sale is at a historic low, the stars don’t align much more for sellers! If you were thinking of selling your home, contact your Shorewest, REALTOR® today and don’t miss this opportunity! #ShorewestRealtors #SellersMarket #SellingYour Home
Source Credit: Keeping Current Matters