Would You Believe...

By
Real Estate Agent with KW Evolution - Topsfield, MA 92593-B

...that the Real Estate Market is...hot, hot, hot? I don't need to tell Realtors® that cuz they're all scrambling looking for listings to satisfy the demand of buyers. Prices are up, Interest rates are down, down, down, and properly maintained and priced property is here today and gone tomorrow. Multiple offer situations are almost a normality, these days. 

So, what's a buyer to do? Be Prepared is the best thing and the next best thing? Be Patient, don't play games, make your offer your highest and best. Many buyers these days are foregoing home inspections (not something I recommend) but they are doing it simply because the demand is so high. 

BUT, the best thing a Buyer and Seller can do is to reach out to a professional Realtor® and add them to your team. We'll do the worrying for you...lol

 

Homes Across the Country Are Selling Fast [INFOGRAPHIC]

Homes Across the Country Are Selling Fast [INFOGRAPHIC] | Keeping Current Matters

Some Highlights

  • Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on the market for less than a month.
  • With homes moving from listing day to pending sale in an average of just 22 days, it’s a great time to sell a house.
  • Reach out to a local real estate professional today so you can make your move while buyers are scooping homes up faster than they’re coming to market.

Many thanks to KCM for the info graphic

Posted by

I pray that God our Father and the Lord Jesus Christ will be kind to you and bless you with peace

2 Thessalonians 1:2

 

Doug Dawes REALTOR®, AWREP, LMC

Broker Sales Associate

KELLER WILLIAMS REALTY - Topsfield/Newburyport

49 Main Street
Topsfield, MA 01983
 978-887-3995  ~ Office
 978-270-3037  ~ Cell
 DougDawes@KW.com

Comments (26)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Doug... those statistics certainly "track" what I'm seeing in the Charlotte region  market.

Sep 20, 2020 04:53 AM
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Doug Dawes  there is a great, great demand for listings.... without listings, everyone is out of business....

Sep 20, 2020 06:16 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Doug, that is the case here in Denver.  For the month of August we saw an average of 23 days in MLS.

Sep 20, 2020 10:00 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Doug,

Good to hear, and I would make note that in the fire stricken regions, sales  nor showings are not happening at the moment. A

Sep 20, 2020 10:22 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

It is still hard to believe that this year has turned out to be a banner year for many Kathleen Daniels, Probate & Trust Specialist 

Sep 21, 2020 02:19 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Absolutely Michael Jacobs 

Ready to strike quickly is the way to go

Sep 21, 2020 02:20 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hi Kathy Streib I have a client that called and said he wanted to make an offer on a property BUT he never got prequalified or anything else. I told him when he is serious enough to get serious...you know what I mean?

Sep 21, 2020 02:24 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

That is something that many buyers do not understand Endre Barath, Jr. 

Sep 21, 2020 02:25 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Right on mark, Wayne Martin Patience is a virtue in this market

Sep 21, 2020 02:26 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

North Dakota certainly stuck out like a sore thumb didn't it Patricia Feager, MBA, CRS, GRI,MRP?

Sep 21, 2020 02:28 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

It's pretty much the same across the entire country, except North Dakota Nina Hollander 

Sep 21, 2020 02:29 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hi Barbara Todaro, having listings is like owning the store #barbara without them you are right, we'd be out of business

Sep 21, 2020 02:31 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

You know, Joan Cox who would have thought with this pandemic we'd be seeing what we are seeing?

Sep 21, 2020 02:32 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

My thoughts and prayers go out to CA and those states where wildfires are raging Ron and Alexandra Seigel I called a friend in Dixon to see if they were ok and found out they're in England. My cousin in Campbell is ok but concerned and another in the Shasta region is too close for comfort 

Sep 21, 2020 02:35 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Doug:

No doubt most of us are experiencing a very busy market, other than perhaps the areas with fires and hurricanes. You have to be prepared to make decisions quickly these days.

Jeff

Sep 21, 2020 06:50 PM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

That's why it's so important for buyers and sellers to be prepared. What makes it harder is when the seller also needs to be a buyer Jeff Dowler, CRS 

Sep 22, 2020 12:44 PM
Barbara Michaluk
Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434 - Silver Spring, MD
Leisure World Specialist / Full Service REALTOR

Hi Doug, as in the rest of the country, the Maryland area is all about getting listings. With low inventory and low rates, sellers are in a very good position.

Sep 23, 2020 05:23 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Sunday morning, Doug.

Take care, be safe and have an outstanding week.

Sep 27, 2020 06:48 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hi Barbara Michaluk If you have listings you own the store is how I see it.

Sep 27, 2020 06:58 AM
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Hi Roy Kelley 

Thank you for stopping by AND the same to you, sir.

Sep 27, 2020 06:59 AM