If you are considering selling your house in the near future, here is the number one reason that you should do it now.
According to a report from the National Association of Realtors, home sales have risen 0.7% from month to month. However, the home sales remain 1.5% lower than they were in the preceding year. Now, some people would look at that and think that it is not a good time to sell. But they are wrong, or should I say “Fake News”.
The reason that home sales are down from last year is simple.
There is a severe lack of inventory available to the people who are ready, willing and able to buy!
That is right. There are buyers out there looking to purchase a home. And they cannot find a home because there are not enough homes available. The supply of homes available for sale has benn falling for the last twenty eight months. And this lack of inventory has forced an upward tick in the sale prices of homes. Do you remember the Laws of Supply and Demand? If not, visit our web sites www.55PlusInOcean.com www.55PlusinMonmouth.com to read the blog posts I have previously written that explain them. Or give us a call, Bunny and Art Reiman – Realtors at 732-598-7700 to discuss.
As I speak with other Realtors, they all agree with me in saying that the number one hurdle in today’s real estate market is the lack of available homes. Especially in the lower priced, starter home price range.
Here is the bottom line. If you are considering listing your home for sale, now is a great time to do so. The buyers that are out there looking are serious buyers. And they want to buy your home. Hire a good professional, full time Realtor to guide you through the home sale process. And get it sold quickly for a great price.
Here’s an idea – call Bunny and Art. You’ll get the two of us to work for you for the price of one!