Monday, March 9, 2015

Hurry Up!! Call your Agent and List your House!!

Hurry Up!! Call your Agent and List your House!!


That headline might be a little aggressive. However, as the data on the 2015 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!
We realize that existing home sales stumbled in January compared to December. But, if we compare the current September-January time period to the same period a year ago, we can see that existing home sales have outpaced last year every month with the January sales numbers 200,000 homes greater than last January:
Existing Home Sales Report | Keeping Current Matters
Pending home sales (houses going into a contract) as reported by the National Association of Realtors have also done much better in the last five months compared to a year earlier:
Pending Home Sales Index | Keeping Current Matters
And, buyer demand is continuing to skyrocket:
Buyer Activity | Keeping Current Matters
At the same time, the amount of housing inventory coming to the market compared to last year is plummeting:
Inventory Levels Year-over-Year | Keeping Current Matters

Bottom Line

With demand increasing and supply dropping, this may be the perfect time to get the best price for your home. Call me today to see whether that is the case in your neighborhood. 704-953-0183.