Maybe now is not the time to sell your home. I realize this is not what you want to hear, but let's be serious. In many parts of the U.S., only 5-10% of all homes listed are sold each month. Also in many areas, home prices are still declining at 1-2% per month.
Do you really think that by keeping your home on the market at the SAME price, the market is going to catch up with you? Unfortunately, that's just not realistic. If it didn't sell this month at YOUR price, chances are NEXT month you'll be even further away from your goal.
What happens to retail inventory that lingers on the shelves? Does it become MORE valuable or LESS valuable? How much does the retailer then have to DISCOUNT that merchandise to get someone to take it off their hands? What do they do with it if they have discounted it & it still does not sell? They give it back to the distributor as UNSALABLE right?
Logically, I know you understand this concept. Naturally you want to sell your home at the highest price in the shortest period of time. The sad fact is this... The longer it takes you to sell your home, the LESS you should expect it to sell for.
So... I simply suggest that you seriously consider this one question. "What is more important... The money or the move"? Once you can honestly answer this question, you will be able make better decisions.
If the money is the most important & the market is not conducive to the goals you have set for yourself, TAKE YOUR HOME OFF THE MARKET. If EVERY overpriced/unmotivated seller would do this - our market could literally be back in balance OVERNIGHT!
If you would like a REALISTIC, HONEST, NO HOLDING BACK evaluation of your home, call or email me today. You can also visit us online at www.GoTeamRhino.com.
Inventory is starting to decline which indicates that our market is gradually getting back in balance. Although many of the existing listings are bank owned, pre-foreclosure or short sales, this is necessary to start the process of getting our listings and sales back in balance.
Ultimately, 50% of our inventory is Vacant & approx. 75% of those in escrow are vacant as well. Most likely investor or bank owned inventory. This is GOOD news for our market!
Gorgeous Cambridge Court Single Story In Summerlin
3 Bdrm Single Family House
offered at $300,000
Year Built
1999
Sq Footage
1,803
Bedrooms
3
Bathrooms
2 full, 0 partial
Floors
1
Parking
2 Car garage
Lot Size
5,227 sqft
HOA/Maint
$37 per month
DESCRIPTION
This Beautiful Summerlin South Single Story Is Absolutely Fabulous. Great Open Floorplan, Front Room Can Be Either Living Or A Large Formal Dining Room, Spacious Kitchen, Pull Out Organizing Shelves, Corian Counters, Water Softener, Covered Patio, Built In Spa, Propane BBQ Stays, Synthetic Grass In Backyard, Olive-Apricot-Nectarine Trees & More
This report show the increase of inventory quarterly over the last 2 years. Inventory is starting to decline which indicates that our market is gradually getting back in balance. Although many of the existing listings are bank owned, pre-foreclosure or short sales, this is necessary to start the process of getting our listings and sales back in balance.
If you are thinking of buying or selling a home in the Las Vegas area, call or email us for a no obligation consultation. You may also visit us online at www.GoTeamRhino.com
Stunning Townhome In Upscaled Community Of "V" Lake Las Vegas. Beautiful Views Of The Lake, Mountains, Golf & The Village. Architectually Stunning! Amenities Include Granite, Stone Flooring, Gas Fireplace, Stainless Steel Appliances, 10 Foot Ceiling and More!
Very Nice Starter Home In Growing Northwest Community. Conveniently Located - Near Everything, Including Freeway & New Shopping Center! Extensive Ceramic Tile, Granite Counters, Ceiling Fans, Covered Patio, Low Maintenance Landscaping & More! Priced To Sell. A True Must See.
All things considered, our average days on the market are not too shabby. I distinctly remember when I first got my real estate license WAY back in 1989 (yes, I'm dating myself)... If we sold homes in 120 days, we were pretty darned happy!
If you would like a no obligation consulation regarding the value of your home, please call or email us. You can also visit us online at www.GoTeamRhino.com
While these statistics are deemed reliable, they are not guaranteed.
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