Why You Need to List Your House for Sale NOW!

By
Real Estate Agent with Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities #1 in Forest Land Mgmt

The #1 Reason to List Your House for Sale NOW!

 

If you are debating whether or not to list your house for sale this year, here is the #1 reason not to wait!

Buyer Demand Continues to Outpace the Supply of Homes for Sale

The National Association of Realtors’ (NAR) Chief Economist Lawrence Yun recently commented on the current lack of inventory:

“Inventory coming onto the market during this year’s spring buying season – as evidenced again by last month’s weak reading – was not even close to being enough to satisfy demand. 

That is why home prices keep outpacing incomes and listings are going under contract in less than a month – and much faster – in many parts of the country.”

The latest Existing Home Sales Report shows that there is currently a 4.1-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market, and 6.1% lower than last year’s inventory level.

The chart below details the year-over-year inventory shortages experienced over the last 12 months:

The #1 Reason to List Your House for Sale NOW! | Keeping Current Matters

Anything less than a six-month supply is considered a “seller’s market.”

Bottom Line

Meet with a local real estate professional who can show you the supply conditions in your neighborhood and assist you in gaining access to the buyers who are ready, willing, and able to buy right now!

 

Compliments of KCM, http://www.keepingcurrentmatters.com/2018/07/09/the-1-reason-to-list-your-house-for-sale-now

 

 

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Ambassador
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Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I’m sending cards out to several fence sitters this week trying to get them to take action Bob..

Jul 09, 2018 10:21 PM #1
Rainmaker
1,644,681
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

There have been an awful lot of multi-offer scenarios here lately which is what happens when there are too many buyers and not enough homes. Now is a great time to list a home!

Jul 10, 2018 02:45 AM #2
Rainmaker
3,745,835
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bob. Inventory is a bit thin, but quality inventory is scarce. Enjoy your day!

Jul 10, 2018 04:44 AM #3
Rainmaker
526,160
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Inventory is low, interest rates are low, demand is high, value goes up.

Jul 10, 2018 05:27 AM #4
Rainmaker
2,277,728
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Bob - inventory is certainly the lowest it has been and rates are rising.  Now is the time.

Jul 10, 2018 07:01 AM #5
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Bob sounds like you guys are in a sellers market, so any homeowner considering selling their home needs to take your advice and do it now.

Jul 10, 2018 03:35 PM #6
Rainmaker
3,565,994
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I am with you Bob Crane, Now is the time, sure inventory is low but people are looking and wnating to buy now you sure can get some good equity from your home.

 

Jul 12, 2018 08:53 AM #7
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Demand is very high and inventory is very challenged. Serious sellers can sell their homes if they gget them on the market.

Jul 14, 2018 03:19 PM #8
Rainmaker
4,798,978
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Bob.  Thanks for the information about the current supply and demand situation.

 

Jul 15, 2018 05:39 AM #9
Rainmaker
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Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Hi Bob,  Glad to hear your "neck of the woods" is doing so good!

Jul 15, 2018 06:44 PM #10
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Bob Crane

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