NE TEXAS Real Estate News

Why Sell Now Instead of Later? The Buyers are Out Now

November 2nd, 2017 11:00 AM by NE TEXAS REALTY GROUP

Why Sell Now instead of Later? The Buyers are Out Now | Simplifying The Market

Why Sell Now Instead of Later? The Buyers are Out Now

SUPPLY

It is no secret that the supply of homes for sale has been far below the number needed for over a year. A normal market requires six months of housing inventory to meet the demand. The latest report from the National Association of Realtors (NAR) revealed that there is currently only a 4.2-month supply.

Supply is currently very low!!

DEMAND

A report that was just released tells us that demand is very strong. The most recent Foot Traffic Report (which sheds light on the number of buyers out looking at homes) disclosed that there are more buyers right now than at any other time in the last twelve months. This includes more buyers looking at homes right now than at any time during last year’s spring market.

Demand is currently very high!! 

Bottom Line

Waiting until the spring to list your house for sale made sense in the past. This year is different. The best deal is probably available right now.

Posted in:Home Selling Tips and tagged: Home selling tips
Posted by NE TEXAS REALTY GROUP on November 2nd, 2017 11:00 AM

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