Wellington Short Sales Market Report | Short Sales Dwindling Fast
In Wellington Florida currently there are 200 homes on the market. The housing inventory is down from last few months by over 100 homes for sale.
The market in most price ranges in Wellington has certainly turned into a sellers' market.
There are 44 homes listed as short sales in Wellington right now. So these homes, most of them will get multiple offers on them.
The highest priced home is located at 15688 Sea Mist and is listed at $1,649,000. The lowest priced short sale in Wellington is at 11882 Sturbridge which is a little 2 bedroom condo. It is listed at $62,800. Of course in Wellington most of the other listings are over that price point.
If you were waiting for the right time to buy or were waiting for the market to hit bottom, well, the bottom of the market is when you can see it in your rear view mirror. That time has gone.
Buying a home now is the best time to buy because there is only one place for home prices to go now and that is up. The law of supply and demand.
If you need to sell your home as a Wellington short sale now may just be the perfect time to do so. This is because you will be getting the highest and best price for your home which means your lender is more apt to work with you on your short sale.
The debt relief act is running out in December of this year also. You will want to get your home on the market and close before December 31st of 2012.
Contact Nestor Gasset and Katerina Gasset at 561- 753-0135 to list your home as a short sale in Wellington.