IT'S OFFICIAL ~ WE NOW HAVE A SELLER'S MARKET!

By
Real Estate Broker/Owner with Beam & Branch Realty TREC #547752

IT'S OFFICIAL ~  WE NOW HAVE A  SELLER'S MARKET!

94 W Ambassador Bend

Any agent, buyer or seller in The Woodlands and Houston market can resoundingly say that the Buyer's market is dead in the water!  In May we saw our numbers soaring as the switch was flipped and moving us into a Seller's market.   As a result, the inventory is low and the competition is high for the great homes!

During the past few years we were all too familiar with what a Buyer's market meant.  Buyer's were in the drivers seat, they had more houses to choose from and they were able to put in low-ball offers much easier.  A Buyer was king!

Today the Seller is now in the drivers seat.  The fewer homes on the market along with a huge number of relocation's coming to our area has shifted the game big time.  Seller's are now the king and are experiencing multiple offers and many times an even higher than listed offer price!

Real estate is a pendulum that ticks back and forth as the economy and other factors influence it.  Taking advantage of which ever way the pendulum might be at the moment is crucial.  There are opportunities at either end of the swing.

If you have been hesitant about listing your home, now is the time to get it on the market.  Chevaux Group has been keeping an eye on the market and can assist you with the proper list price, staging advice and marketing trends.  Give us a call today!  We want to help you get your home SOLD!


 

 

Posted by

Beam & Branch Realty       

"Have you fully lived today?"

   Paula L. McDonald ~ REALTOR®, 

        Granbury, Texas 

 936-203-0279 Direct

Selling Hood County and surrounding areas!

PaulaMac59@gmail.com 

      CNE

Houzz      

 John Maxwell

Farm & Ranch

 


          ABR                 Institute for Luxury Marketing                Institute for Luxury Home Marketing

 

Graduate Realtor InstituteC2EX

 

Copyright 2020 Paula McDonald

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Rainmaker
3,545,906
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Paula -- when that pendulum swings, buyers are wise to have real estate representation on  their side who know the local real estate market and can easily and succinctly explain those differences.    The strategies to purchase vary in a buyer's market versus a seller's market --- the differences can be very subtle.  Good post!

Jun 20, 2012 04:17 AM #1
Rainmaker
526,878
Dr. Stacey-Ann Baugh
Century 21 New Millennium - Upper Marlboro, MD
A doctor who makes house calls.

Definitely a seller's market here now too.  Things changed really fast.

Jun 20, 2012 05:14 AM #2
Rainmaker
781,083
Jeri & Henri Gutner
Realty One Group Legacy - Doylestown, PA
CRS,GRI

Thank you for the update. Bucks County PA is going through a similar type of market. Hope it continues for both of us.

Jun 20, 2012 06:02 AM #3
Rainmaker
1,561,684
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

It's happening in a lot of areas now.  There are some neighborhoods in my local market we can say this too.  Let's put a little more inventory on the market for buyers . . . my how the tables have turned.

Jun 20, 2012 07:30 AM #4
Rainmaker
3,098,215
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Good morning Paula it's about time but I've seen it happening here in NW Arkansas.  Good times are ahead so enjoy the day

Jun 20, 2012 07:50 PM #5
Ambassador
1,241,979
Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

Paula: The Woodlands is such a desirable location. It's hard to imagine it any other way!

Jun 20, 2012 10:57 PM #6
Ambassador
1,517,019
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

IT'S OFFICIAL ~  WE NOW HAVE A  SELLER'S MARKET!  In the Albuquerque are too and isn't it great!  Times they have have now changed -

Jun 22, 2012 12:08 AM #7
Ambassador
2,192,409
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

We are shifting, but not to your point yet. I hope it happens soon. I have some listings I need to get sold.

Jun 22, 2012 12:49 AM #8
Rainmaker
1,182,345
Adrian Willanger
206 909-7536 AdrianWillanger-broker.com - Seattle, WA
Profit from my two decades of experience

Paula, it's amazing how fast the market can shift from a buyer's to a seller's. We are seeing the same-thing in Seattle the good homes are getting multiple offers on them.

Jun 22, 2012 03:51 AM #9
Rainmaker
558,068
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Paula,

I invite you to read our recent executive summary blog and see if your market is performing similarly... g

Jun 22, 2012 03:53 AM #10
Rainmaker
925,849
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

I am sure that if you are a listing agent, this is great news.  I think the buyers will take a while to figure all this out after the last couple of years!

Jun 22, 2012 06:06 AM #11
Rainmaker
5,671,294
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Very good information for home buyers.   Many buyers are shocked to discover multiple contract competition for the home they select.

Have an outstanding week.

Jun 24, 2012 01:51 AM #12
Ambassador
1,511,142
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

WOOT

WOOT!

Ours is pretty dire.  I am looking for a place with inventory to ship us :D

Jun 24, 2012 07:46 AM #13
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Rainmaker
1,133,264

Paula McDonald ~ GRI

Granbury, TX 936-203-0279
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