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