Are you teeter tattering back and forth… sell now or wait? Well, now is the time to list your home; the price of anything (including real estate) is determined by ‘supply and demand’. If an item is wanted and supply is limited, then the price of the item increases. This absolutely applies to real estate and now is the time to list!
According to the National Association of Realtors (NAR), home inventory is below the normal 6 month level. What does that mean? Less competition for sellers and more competition for buyers.
A recent study revealed that 71% of homeowners are currently considering selling this year. This means that homeowners that want to sell should do so now before the increase in competition.
Buyers in the market are motivated to purchase, they know what they want and are ready to pull the trigger. Due to the limited inventory available, the seller is in a great position to negotiate the best possible price.
If your ready to sell and would like to get a current market value on your home today contact Team Ardolino.
Source: Keeping Current Matters