The Homes for Sale Drought Continues

By
Real Estate Agent with RE/MAX Dallas Suburbs TX Broker 0513551

Dought with Nice SunsetWe often talk about the drought and subsequent watering restrictions in North Dallas. While many of nature’s problems are caused by a lack of rainfall and Zebra Mussels, the drought being faced by North Texas homebuyers is caused by a deep lack of homes for sale.

Properly prepared homes that are professionally marketed and priced right are flying off the market in days. We were out working with a first-time home buyer yesterday and we found two homes they liked. One had been on the market for three days and had five offers, the other had been on the market for one day and had three offers. Our clients made an offer above list price and their offer was not the accepted offer!

What does this mean for North Texas homeowners?

This may be the perfect time to sell your home. Many of our sellers are “waiting until the Spring Sales Season” to go on the market but now may be a far better time. Low inventory and high demand create the perfect storm for home sellers. This is the opportunity to get a far better price in far less time than any time in the past five years.

Homes for sale still need to be properly prepared, professionally marketed, and priced right. Get all of this right and pack your bags!

Thinking about selling? This is one of the best times in years. Want to know your home’s value? Click here to get a free market analysis.

Are you looking for an experienced listing team? The Branch Team was named a 2012 Residential Real Estate Top Producing Team by D Magazine. Contact us at 214-227-6626.

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Originally posted at http://www.thebranchteam.com/wordpress/2013/03/03/the-homes-for-sale-drought-continues/

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Tom Branch and Gina Branch, The Branch Team with RE/MAX Dallas Suburbs, service the greater North Dallas suburbs including Dallas, Plano, Allen, McKinney, Frisco, Lewisville, and Carrollton.  While Gina concentrates on traditional listings and buyer/tenant representation, Tom specializes in assisting distressed homeowners to avoid foreclosure.  Tom and Gina have published two books (Achieving Rock Star Status and The Field Guide to Short Sales) and are available for speaking engagements in the greater Dallas - Fort Worth Metroplex. Subscribe to The Branch Team Blog.

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The Branch Team - Texas Real Estate Broker 547597 | Team Members are Texas Licensed Real Estate Professionals
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Important Notice: The Branch Team with RE/MAX Dallas Suburbs is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental.

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