Experts Predict Seller Market will Continue in 2019

By
Real Estate Agent with The Kellstrom Ray Agency, Inc. (Est. 1948)
https://activerain.com/droplet/5gLv

Experts predict the current Seller Market (which even impacts Door County) will continue in 2019.

 

Thanks to a historic inventory crisis, rising home prices, and stiff competition for properties (especially Door County waterfront property and most condominiums), the vast majority of markets across the US currently favor sellers. And according to most experts, it looks like that trend is going to continue.

 

Door County Waterfront Properties

tend to sell quickly because of supply vs. demand

 

Door County Waterfront Properties for Sale

 

Most of my readers check Trulia and Zillow on a regular basis. According to a recent survey from Zillow, 76% of experts surveyed said they didn't expect to see national market conditions shift from a seller's market to a buyer's market until 2020. This is obviously good news for sellers—but it doesn't mean you should wait until 2020 to put your home on the market.

 

NEW CONSTRUCTION TENDS TO SELL QUICKLY

AS SHOWN AT MARINA VIEW CONDOMINIUMS

AND THERE IS HIGH INTEREST ON THIS NEW RELEASE

IN SISTER BAY TO BE COMPLETED 7/19

New Door County Homes for Sale

 

According to recent Zillow data, the rate of home appreciation is slowing in markets around the country, and as a result many sellers are having to slash their home prices in order to sell (according to Zillow's data, 14% of all homes on the market had a price cut in June 2018).

 

RECENT PRICE REDUCTION AT

SISTER BLUFF ESTATES

Sister Bluff Condos for Sale with Water View

 

The Federal Reserve recently indicated that interest rates rises won't be as aggressive this year as in 2018.  We hope that is good new for Door County Buyers and Sellers.  If you're interested in more information on listing or buying a Door County property, please contact me today.

 

 

The Takeaway

If you've been thinking about selling your home, now is the time to make a move. While most experts predict conditions will remain favorable for sellers through 2020, according to current data, conditions aren't likely to be as favorable over the next few years as they are today.  If you're thinking of listing your Door County property, here are some ideas that will get you thinking about how we will market your property for a sale. You can also learn more about our services for Door County Buyers here.

 

DOOR COUNTY LAKEFRONT HOMES FOR SALE

Door County Lakefront Homes for Sale

 

 

 

Posted by

All information is deemed reliable as of date of publication and is subject to change without notice.

 

 Thank you for reading!  MaryKay Shumway, ABR®, CRS®, Realtor® loves to laugh and enjoys working with people that love the Door Peninsula.  She is a full-time real estate Broker, mother of two and a senior Broker Associate at the Kellstrom-Ray Agency, Inc. in beautiful Sister Bay, Wisconsin.  She represents listings throughout the Door County Peninsula and also represents many Buyers that want to purchase the perfect property to make Door County a part of their lives.  CONTACT MARYKAY ABOUT YOUR DOOR COUNTY PROPERTY QUESTIONS TODAY.

MaryKay Shumway has a consistent multi-million dollar producer for over thirteen years.  Representing both listing clients and buyer clients full time, MaryKay is also a mother of two and active in the Door County community in the local school district, nonprofit groups and governmental affairs.  A member of the Door County Board of Realtors Honors Society from 2005-2016, the Door County Realtor of the Year 2008, a member of The Real Estate Group's Chairman's Circle in 2010-2015, and an member of the Coldwell Banker International Diamond Society for 2014 & 15.  She has served as President and Vice President of the Door County Board of Realtors  and as a member of its Advocacy Committee.  MaryKay is a top MLS producer and has held the position of top producer at The Kellstrom-Ray Agency, Inc. since 2016.

 

Contact MaryKay.  "As a multi-million dollar producer and senior associate at The Kellstrom-Ray Agency selling Door County real estate, I focus my balance on both  featured listings and representing Buyer Clients looking for the perfect Door County Property.  I turn Door County vacations into Door County traditions by helping you own your own Door County real estate, and I represent exceptional properties in all price points on the Bay of Green Bay, Lake Michigan, and all inland lakes and properties in between. Call, text or e-mail me today."

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Rainmaker
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Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

There are some areas a little flatter than before...and some with Sellers who think no matter the home's condition...it is a Sellers' Market...oh not.

Jan 05, 2019 11:15 AM #1
Rainmaker
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Andy Brown-Climer School of Real Estate
The Climer School of Real Estate - Orlando, FL
The Best Real Estate School in Florida

MaryKay, good blog. I like the way you used relevant information and original content. You might want to research a little on Google's feelings about the overuse of key words, and keyword density in one blog, for search engine optimization.

Jan 05, 2019 11:21 AM #2
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Mary Kay,

What is true in some areas is not true in others.  I think the real experts are the agents in each market place...A

Jan 05, 2019 11:52 AM #3
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Rainmaker
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MaryKay Shumway

Door County Wisconsin's Real Estate Expert
BUYING or SELLING a Door County Property? Call Me Today!
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