Tuesday, March 7, 2017 / by Vickie Sparks
The answers we hear are ALWAYS "we were thinking about it", but now is not the time to sit and wonder whether or not it's time to sell that house and get something fresh and new (to you at least). Data on the 2017 housing market is already beginning to pop up, and the one thing we conclude after looking at it is: If you are considering selling, IT IS TIME TO LIST YOUR HOME!
Lawrence Yun, for the, said:
CNBC also states that it is consumer's confidence in the economy that is key in fueling the market activity:
The biggest challenges we are now facing is not "will my home SELL" but "will I find a home to BUY?"
A balanced market would have a full six-month supply of homes for sale. Currently, there is less than a four-month supply of inventory. This represents a decrease in supply of 7.1% from the same time last year.
THE BOTTOM LINE?
With demand increasing and supply dropping, this may be the perfect time to get the best price for your home. Contact Camelot Properties today to speak with your local Real Estate professional to see whether that is the case in your neighborhood!