If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is wellbelowhistoric norms andbuyer demandis skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.
Lawrence Yun, Chief Economist at theNational Association of Realtors, recentlycommented:
“Buyer interest is solid,but there is just not enough supply to satisfy demand. Prospective buyers are being sidelined by both limited choices and home prices that are climbing too fast.”
"Current demand levels indicate sales should be stronger, but it's clear some would-be buyers are having to delay or postpone their home search because low supply is leading to worsening affordability conditions."
In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction, including the inspection, appraisal and financing contingencies.
As a potential seller, you are in the driver’s seat right now. It might be time to hit the gas.
Author:Rudy Martinez Phone: 817-823-7037 Dated: July 21st 2017 Views: 73 About Rudy: My name is Rudy Martinez and as a real estate professional for 20+ years and watching the market flu...
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My name is Rudy Martinez and as a real estate professional for 20+ years and watching the market fluctuate I developed a deep understanding of the decisions that a home owner must make. The intensity, and volatility of the real estate market challenged my abilities and I grew an enthusiasm to help others in the critical parts of home buying and selling.
What you will find after working with me is that I will listen, and give honest and constructive advice. I will also give solid research in establishing a fair market value on a potential property. There have been numerous times that a client will fall in love with a property only to find it is overpriced. I will negotiate using all available data that is at my disposal to make sure you are getting a fair deal.
My #1 goal will be to make sure you make a sound investment while giving you the best service. I am customer focused and have a goal of creating long-term professional relationships by assisting individuals and families in selling and purchasing their home. I will be a dedicated agent with a calm persistence and personal integrity to exceed your expectations.