Photo credit: The Balance In fact, these improvements may turn buyers off By: Elizabeth Weintraub Homeowners often assume that upgrades and renovations always make their place more
Find Out The Number 1 Reason To List Your Home Now In The Spring TX Market
#1 Reason to List Your House for Sale, NOW!
If you are debating listing your house for sale this year, here is the #1 reason not to wait!
Buyer Demand Continues to Outpace the Supply of Homes for Sale
The National Association of REALTORS’ (NAR) Chief Economist Lawrence Yun recently commented on the inventory:
“Last month’s dip in closings was somewhat expected given that there was such a strong sales increase in March at 4.2 percent, and new and existing inventory is not keeping up with the fast pace homes are coming off the market.
Demand is easily outstripping supply in most of the country and it’s stymieing many prospective buyers from finding a home to purchase”.
The latest Existing Home Sales Report shows that there is currently a 4.2-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market, and 4.6% lower than a year ago. The chart below details the year-over-year inventory shortages experienced over the last 12 months: Anything less than a six-month supply is considered a “seller’s market.”
Let's get together and discuss the supply conditions in your neighborhood to be able to assist you in gaining access to the buyers who are ready, willing and able to buy now!
Melissa Banki 936-445-0216 (CNE) Certified Negotiation Expert Best Priced Properties LLC Certified Expert Home Buying and Selling Advisors. (CHSA)(CHBA) Ask us about our Smart Home Buying and Selling Strategy. CALL OR TEXT. As local real estate experts in The Woodlands, Spring, Shenandoah, Magnolia, Montgomery, Conroe and Greater North Houston/Houston Metro areas we can save you valuable time & money! Contact us today. It would be our pleasure to help you with all your residential/commercial buying, selling or investment needs. Client First! We believe our clients should feel confident and benefit when purchasing and selling real estate! Sponsored by Hite Properties Brokerage
REALTOR®, GRI, CNE - Hite Properties Best Priced Properties Team - The Woodlands TX Cell: 936-445-0216 Clients First! Treating the relationship with far more value than the transaction. We be....
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