Should we be more creative to sell all this inventory of Solon homes for sale?
I was doing the Solon Real Estate market absorption rate analysis for one of my clients the other day. Results were not unexpected but still unpleasant. In popular Solon OH we have a many-many months inventory of homes for sale.
What level of creativity is needed from Real Estate agents to sell out all this inventory?
I don't believe that it's all about pricing. Most Solon homes are priced very reasonably considering all the amenities of this great city, excellent school system, and condition of Solon properties.
Most of home buyers in Solon OH have good income, well qualified for mortgage financing, and have good credit history.
I know that excellent Real Estate agents work in Solon area. Maybe, we need just more creativity? Fresh look at the way we market homes? Better attention to core needs of our clients?
What do you think?
Just take a look at the results of the absorption rate analysis for Solon and few other cities in Greater Cleveland area. Too many homes for sale!