Sell My House in MD | Existing-Home Sales Report Indicates Now Is a Great Time to Sell

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Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO

Most real estate brokers and agents don’t really have all the tools needed to provide 100% selling services to sellers that need to sell their houses quick, for cash and at a fair price.


This is why we have integrated fully with all the data on the MLS and became a real estate source to thousands of investors in the MD, DC & VA region.


In order for most consumers to take advantage of the competition between these investors, we’ve created the perfect system. If you are in the market to sell you home and you are in need for a fair offer right away… you’ve come to the right place.


We can provide customised innovation towards all your real estate needs if you are a home seller.
Today, I would like to talk to you about Existing-Home Sales Report Indicates Now Is a Great Time to Sell

 

Based on the current state of the market, trends are shifting in favor of sellers. If you are going to sell, now may be the time to take advantage of the number of buyers who are searching for their dream home.

 

The best time to sell anything is when demand for that item is high and the supply of that item is limited. The latest Existing-Home Sales Report released by the National Association of Realtors (NAR), reveals that demand for housing continues to be strong, but the supply is struggling to keep pace. With this trend likely continuing throughout 2020, now is a great time to sell your house.

 

THE EXISTING-HOME SALES REPORT

 

The most important data revealed in this report was not actually sales. In reality, it was the inventory of homes for sale (supply). The report explained:

 

* Total housing inventory at the end of August decreased 2.6% to 1.86 million homes available for sale.
* Unsold inventory is lower than the 4.3-month figure recorded in August 2018.
* This represents a 1-month supply at the current sales pace.

 

According to Lawrence Yun, Chief Economist at NAR,

“Sales are up, but inventory numbers remain low and are thereby pushing up
home prices.”

 

In real estate, there is a simple guideline that often applies here. Essentially, when there is less than a 6-month supply of inventory available, we are in a seller’s market and we will see greater appreciation. Between a 6 to 7-month supply is a neutral market, where prices will increase at the rate of inflation. More than a 7-month supply means we are in a buyer’s market and can expect depreciation in home values (see below):

 

 

 

READ MORE:  https://www.reallynicehomes.com/sell-my-house-in-md-existing-home-sales-report-indicates-now-is-a-great-time-to-sell/


???Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system 
www.99SOLD.com - Call or text 240-426-5754 for more information.

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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Fernando Herboso - Broker for Maxus Realty Group - I see that you are still dealing with low inventory.

Oct 14, 2019 11:10 AM #1
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Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA
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