The end of summer and beginning of spring bring slight changes to the real estate market. As you approach the end of the year, you will find that there are a couple of unique opportunities in the market for both buyers and sellers.
August and September are crazy months; kids start going back to school and there are a lot of new things happening. As for the real estate market, inventory levels start going up a little bit and sales come down slightly. When inventory rises and there aren’t enough buyers in the market, prices are affected. However, right now we have a very strong market.
While people are wrapping up vacations and sending their kids back to school, sellers who haven’t sold their home yet think, “Well, the summer selling season is over.” These sellers often wind up taking their home off the market and waiting for next spring. This creates a couple of interesting opportunities for buyers and sellers.
First of all, with more inventory, buyers have the opportunity to look a bit more for their dream home. They don’t have to rush as much as they did when inventory was tight.
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Now is a great time to be in the real estate market.
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As a seller, you have the opportunity to raise the bar and differentiate your home from the competition. We can make your home look better, feel better, and even smell better than other homes on the market so that your property stands out.
If you have been frustrated by the real estate market this year, now is a great time to revisit buying or selling a home. Interest rates are as low as they have ever been, which only creates more opportunities for buyers and sellers.
If you have any questions about the real estate market, give me a call or send me an email. I would be happy to help you!
