Sellers Are Enjoying a Strong Market

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A lot has happened during the past several years and as we have waited and watched the market change, we can finally say that it’s a great time to sell your home. In fact, in 2012 we reported a very strong year with a rise in sales, decline in the number of days on market for many areas plus an overall upswing in general.

Those positive trends have definitely carried into this year and as we move closer into the spring selling season, more and more sellers are finding success in their quest to make more money and sell efficiently. Part of their confidence comes from the knowledge that our housing industry has strengthened. Sellers are less worried and in fact any worrying has to do with their missing out on the current low interest rates.

Whether buying up or just from the standpoint that buyers in the marketplace are eager to lock in those historic rates, sellers know that now is the time.

Far Less Competition to Contend With Nowadays
Keep in mind that just a few years ago we had 3,300 available homes on the market whereas now there are less than a third. That lesser inventory amounts to fewer homes competing against yours so that gives you a lot more leverage in the marketplace. So much so, that many homes that have recently sold went under contract fairly quickly, in as little as two to eight weeks.

Well Priced Homes Can Expect Multiple Offers
Pricing strategies are also at play these days. Without heavily discounting the price of your home, you can still expect a lot of offers by just lowering the price a little and therefore attracting a larger pool of buyers. As soon as multiple offers come in, the situation quickly has a tendency to become a price war with more than one buyer vying for the same property.

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If you would like to explore selling your home, contact us today. We have a lot of unique strategies designed to get your home sold for the right price, in the least amount of time and of course with the least hassle to you. We look forward to helping you achieve your real estate goals!