ARE YOU THINKING OF SELLING YOUR HOME? COMPETITION IS COMING! The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise
Sell Before Spring
The price of any item (including residential real estate) is determined by ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an example, here is what happened to housing inventory at the beginning of 2017:
Putting your home on the market now instead of waiting for increased competition in the spring might make a lot of sense.
Buyers in the market during the winter months are truly motivated purchasers. They want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.
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Hello Friends,I am writing this blog entry with a heavy heart and a hopeful spirit. My heart breaks for our beautiful state as I watch the Holy fire head towards Lake Elsinore and the Redding