Market Overview for August 2013
This is an exciting time in the real estate industry for sellers. According to NTREIS, closed sales increased 5.4% over last year with an increase in the sales price of 12.5%. Click HERE to view the full report. What does this mean for those of you contemplating selling your home?
There is a two-fold message to these numbers. First, buyers are agreeable to buying homes and have the means to do so. In some cases, buyers are over bidding on properties that are able to appraise for top dollar. With that being said, buyers are demanding that available properties are in good condition with upgrades to give the home owner top dollar. Secondly, home owners are willing to sell their homes and relocate either to the desirable area they have dreamed of or to build their dream home. New listings are already down 3.6% so far in the month of September. This means that the demand to purchase is there but the supply to market is not.
Sellers, now is the time to decide your real estate goals and even out the supply to demand. Should you decide you are ready to build your dream home or relocate to another area, there are a few steps I will help you prepare for before I begin marketing your home. I will exceed your expectations and help you take your "LIVABLE SPACE to MARKETABLE SPACE to SOLD! www.Realtor-Rochelle.com.