Winning Strategies in Real Estate: Tony Morganti, CRS, ABR - Cuyahoga Falls, Stow (RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio)

The #1 Reason to Sell Now… Not Next Spring

The #1 Reason to Sell Now… Not Next Spring

sell now

 

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 2016:

inventory levels

Putting your home on the market now instead of waiting for increased competition in the spring might make a lot of sense.

Bottom Line

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.

 

Tony Morganti, CRS, ABR

330-352-9513

Comment balloon 3 commentsTony Morganti • December 14 2016 06:47PM
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