Tuesday, March 5, 2013

Where are the sellers?



The nationwide housing market is now tipping in favor of home sellers, yet homes for sale are scarce. As stated in a recent release from the National Association of Realtors®(NAR), "Total housing inventory at the end of January fell 4.9% to 1.74 million existing homes available for sale, which represents a 4.2-month supply."

If you are waiting for prices to increase dramatically before putting your home on the market, think again, because your competition is thinking the same thing. Buyers are rushing to purchase limited inventory now, so homes are selling quickly and at higher asking prices, due to multiple bids and bidding wars.

This creates a clear window of opportunity for sellers. If you are not sure if you have enough equity, call me today for a free Competitive Market Analysis.

As a buyer, I can help you find your dream home, negotiate on your behalf and walk you through the entire process. Prepare yourself by securing financing in advance, I can also help refer you to a trusted mortgage specialist.

For sellers on the fence and buyers facing tough competition, call me today- I am here to help you navigate and negotiate!