Feb 12 2018 5018 1

Dated: 02/12/2018

Views: 12

The #1 Reason to Sell Now Before Spring

The #1 Reason to Sell Now Before Spring | MyKCM

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 2017:

The #1 Reason to Sell Now Before Spring | MyKCM

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.

Blog author image

Jeri Patrick

In today’s complex and difficult real estate market you need a professionals who will do whatever it takes to market and sell your home. Jeri Patrick has a team with an established history of succes....

Want to Advertise on this Site?

Latest Blog Posts

Jul 13 2018 5018 1

Want to Sell Your House Faster? Don’t Forget to Stage! [INFOGRAPHIC]Some Highlights: The National Association of Realtors surveyed their members & released the findings of their 

Read More

Jul 12 2018 5018 1

House-Buying Power at Near-Historic LevelsWe keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is

Read More

Jul 11 2018 5018 1

Rising Interest Rates Have Not Dampened DemandSince the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to 

Read More

Jul 10 2018 5018 1

How Long Do Most Families Live in a House?The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has

Read More