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Thursday 14 November 2019

Real Estate Buyer Demand Growing in Every Region


This article comes from https://www.keepingcurrentmatters.com/ and talks about the uptick in home buyers.

"With ShowingTime reporting “nationwide growth for the second consecutive month, a first since December 2017 – January 2018”, it’s one more reason why selling your house this winter is the way to go. List while buyers are on the market, before competition with other sellers pops up in your neighborhood."

If you want to sell your home today you will probably get more money for it. Just because it is winter does not mean that there are not buyers out there. Like I have mentioned before in previous blogs, some of my best months are in December! 

The Northeast region is up 5.6% in buyers wanting homes, that is a huge increase. With the tight inventory I personally think that the demand will be high for some time to come. 

"Buyers clearly have the right idea, as mortgage rates have dropped over a full percentage point since the fall of 2018. They’ve hovered in a historically low range since this summer, making the overall cost of homeownership significantly more attractive and affordable."

Interest rates should stay low for next year also. Workers productivity is up and that usually means low inflation and low interest rates. The Feds have already tried to raise rates this year, but had to lower them to keep a strong economy. I do not see that changing next year or anytime soon. 

"If you’re thinking of waiting until spring to sell, think again! Reach out to a local real estate professional to discuss listing your house now while buyer traffic is actively surging throughout the country."

Selling a home today is much easier that it was before, and we can save you both time and money doing it. Text flat fee to 1-937-500-0745 or call me I'm Brett ICON Agent at EXP Realty 

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