Admin

Navigating the Selling Process with More New Listings

By
Real Estate Agent with RE/MAX Associates RS - 0019092

In the current housing market, the quantity of properties available for purchase is crucial. And one of your biggest advantages right now, if you're debating whether or not to list your house, is the limited supply of homes available. This is because, in a low- inventory situation—especially if it's priced appropriately—your house will stand out more.

However, there are more houses becoming available for purchase. Recent data from Realtor.com indicates that the number of new listings—homeowners who have recently listed their property for sale—is increasing (see graph below):

 

No Caption Received

 

This graph shows more homeowners are putting that sale sign up in their yards compared to the same time last year. As Realtor.com says:

“. . . sellers turned out in higher numbers this March as newly listed homes were 15.5% above last year’s levels. This marked the fifth month of increasing listing activity after a 17-month streak of decline.”

 

Houses For Sale Signs High Resolution Stock Photography and Images - Alamy

 

How You Can Benefit

Perhaps now is the right time to reconsider selling your home, if you've been putting it off, before your neighbors do. There won't be an overabundance of houses on the market in your neighborhood, but every one that goes up for sale has the potential to divert potential buyers from yours.

For instance, you will face competition from your neighbor if they list their house as well and join in on the action. When potential buyers tour your home, you don't want them to fall in love with someone else's. You want attention to be drawn to yours.

That is possible with an excellent agent. They will assist you in pricing your home appropriately, highlighting all the features that today's buyers seek, and getting your home ready for listing. In this manner, potential buyers are truly drawn to your listing and become excited to move in.

 

CLICK BELOW TO GET YOUR FREE GUIDE

 

This is your opportunity to obtain the best of both worlds if you're prepared and able to sell right away. You'll have more choices when it comes to moving because there are more houses available for purchase. However, you can also sell while your home will still be distinctive.

In Conclusion
You don’t want to wait for more competition in your neighborhood, even though inventory is still low. To discuss the benefits of selling before more properties hit the market, get in touch with Chris today!

 

by kcm.com


Posted by

 

Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
May 01, 2024 04:34 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Great information. Thanks for sharing and enjoy your week!

Bill Salvatore, Realtor- Arizona Elite Properties

May 01, 2024 05:04 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Christopher. Wonder if the uptick in listings are mainly boomers who are retiring and moving forward with their future plans regardless of the current economy? For them the time is now or never! Enjoy your day.

May 01, 2024 05:28 AM
Christopher Pataki

i can only say for me that my upcoming listing is EXACTLY that - woman retired and preparing her home for sale within this next month...............chris 

May 01, 2024 06:06 AM