Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes.
Mortgage rateshovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!
At the same time, however, inventory levels of homes for sale have dropped dramatically as compared to this time last year.
Trulia reportedthat“in Q4 2017, U.S. home inventory decreased by 10.5%. That isthe biggest drop we’ve seen since Q2 2013.”
Here is a chart showing the decrease in inventory levels by category:
The largest drop in inventory was in the starter home category which saw a19% dip in listings.
Demand for your home is very strong right now while your competition (other homes for sale) is at a historically low level. If you are thinking of selling in 2018, now may be the perfect time. Call me now for a free consultation and see what your home is worth. Moe 754-234-0637
Oh by the way, I am never to busy for any of your referrals.
Author:Morrie Finkelstein Phone: 754-234-0637 Dated: February 12th 2018 Views: 36 About Morrie: ...
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Went to a CMA training with Joanne I learn so much
"When I sold my home I interviewed many Companies. Knowing most buyers come from the internet I was looking for a Company with a strong internet presence. I googled some terms like, "Lake Worth Homes For Sale" and "homes for sale in Lake Worth", and almost every time Exit Realty Premier was on the first page of Google. Then when I met with the agent from Exit Realty Premier and saw the HD photographs, aerial photos, on line visual tours and videos and all the technology I was sold. I signed with them and sold my home in record time, for the price I wanted and had a smooth quick closing. My agent was very professional and knowledgeable and kept me informed every step of the way.