Start 2017 Off Right… List Your House for Sale
As we are about to bring in the New Year, families across the
country will be deciding if this is the year that they will sell their
current house and move into their dream home. Many will decide that it
is smarter to wait until the spring “buyer’s market” to list their
house. In the past, that might have made sense. However, this winter is
not like recent years.
The recent jump in mortgage rates has forced buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory levels of homes for sale have dropped dramatically as compared to this time last year.
Here is a chart showing the decrease in inventory levels by category:
The recent jump in mortgage rates has forced buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory levels of homes for sale have dropped dramatically as compared to this time last year.
Here is a chart showing the decrease in inventory levels by category:
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