What It Means To Be in a Sellers’ Market
If you’ve given even a casual thought to selling your house in the near future, now is the time to think seriously about making a move. Here is why it is the ultimate sellers’ market and the optimal time to make sure your house is available for buyers who are looking for homes to purchase.
The latest home sales report from The National Association of Realtors (NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a 2-month supply at the current sales pace.
Because the supply of houses for sale is as low as it is right now, it’s much harder for buyers to find homes to purchase, as a result, competition among purchasers rises and more bidding wars take place, making it essential for buyers to submit very attractive offers.
As home prices rise and sellers are in the best position to negotiate deals that meet their ideal terms. If you put your house on the market while so few homes are available to buy, it will likely get a lot of attention from hopeful buyers.
Today, there are many buyers who are ready, willing, and able to purchase a home. Low mortgage rates and a year filled with unique changes have prompted buyers to think differently about where they live – and they’re taking action. The supply of homes for sale is not keeping up with this high demand, making now the optimal time to sell your house.
Home prices are appreciating in today’s sellers’ market. Making your home available over the coming weeks will give you the most exposure to buyers who will actively compete against each other to purchase it.
With over 35 years of experience working with real estate in Southern California, Ultimate Properties’ award-winning team thrives on a profound perception of the market trends in your area.
Our motto of “Just Sold it” is our commitment to providing the highest level of service, from start to finish, with expert communication, streamlining the process, walking with you step by step.
This season, we’d love to meet with you , with absolutely no obligation implied, to discuss the market trends in your area as well learn about the unique features and upgrades that set your home above and beyond the rest of the pack!
Give us a call at 714-203-1669 to schedule an appointment or drop us an email at office@UltimatePropertiesSold.com. Visit our website, www.ultimatepropertiessold.com to see why your neighbors have been trusting our team for over three decades!