The Top Reason To List Your House For Sale Now

The Top Reason To List Your House For Sale Now

If you are debating listing your house for sale this year, here is the #1 reason not to wait!

Buyer Demand Continues to Outpace the Supply of Homes For Sale

The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage:

“With demand holding firm and homes selling even faster than a year ago, the notable increase in closings in recent months took a dent out of what was available for sale.

Realtors are acknowledging, with increasing frequency lately, that buyers continue to be frustrated by the tense competition and lack of affordable homes for sale in their market.”

The latest Existing Home Sales Report shows that there is currently a 4.6-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market and 5.8% lower than June 2015.

The chart below details the year-over-year inventory shortages experienced over the last 12 months:

Image title


Anything less than a six-month supply is considered a“Seller’s Market.”

Source: Keeping Current Matters

Bottom Line

Call me today to discuss the supply conditions in your neighborhood so that I can assist you in gaining access to the buyers who are ready, willing and able to buy now!

Image title



Colleen Sorensen

The Good Life Team AZ, BloomTree Realty

928.460.0036

www.thegoodlifeteamaz.com


Sarah Freeman Headshot
Author:
Phone: 928-925-4072
Dated: July 27th 2016
Views: 93
About Sarah: My husband and I instantly fell in love with the charming town of Prescott when we moved here with o...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

The Great Prescott Pumpkin Patch - ***Article taken from
Modern Farmhouse Dining Room - The renovations have begun in our
Why Buy A Home - 7 Reasons to Own A HomeTax.
The Leaves Begin To Fall - Is it me, or is Fall the most

Our Bloggers

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

The Good Life Team AZ
102 N. Montezuma
Prescott, AZ
928-379-7487
(928) 443-8822