The Window of Opportunity for Home Owners here in Brownsburg, Avon and the Indianapolis area to Sell their Home is now. Foreclosures all over the State of Indiana and across the nation have been pulled out of the market because of the current Foreclosure freeze. Talking to a local REO Broker in Brownsburg (unnamed)said that out of the 78 listings they had listed, 29 were pulled. Thats 37% of the Brokers Foreclosure inventory off the market. The statistics vary but if this is correct then a large portion of properties that were on the market are not competing with current Home owners trying to sell their property.
Speaking with this broker the Broker agreed with me that this is a great opportunity for the Home Owners wishing to sell their Real Estate because all of the competing foreclosures now currently off the market. Less inventory equals faster selling times for Home Owners and a better chance of Selling in todays market.
According to the Indy Channel it states that it could benefit the Home Owner trying to sell their Real Estate in the short term but also commented that in the long term the Foreclosure Moratorium could hurt again the Real estate Market. Who knows what the future will hold but for Now, I say List your home if you want to Sale. This could be "you" the Sellers window of opportunity with less inventory.