“Let’s Talk Real Estate! “FAST SALES FOR SELLERS” September 19th, 2018
Lets Talk Real Estate!
“Fast Sales For Sellers”
If 2018 turns out to be anything like 2017, home sellers are in for a good year. As homes sold at their fastest pace ever in 2017, the typical U.S. home was on the market in 2017 for 81 days. Bear in mind that closings can take four to six weeks to accomplish, which means the typical home was on the market for about 30 days before going under contract. The reason for the fast pace of home sales has very much to do with the fact that inventories are very low and are likely to continue to remain low for the foreseeable future. This means that homeowners are being presented with their best selling opportunities in recent years. By historical standards, today’s 30-year mortgage rates are still low, hovering just above 4 percent. Experts agree mortgage credit will remain relatively affordable for most of the year. This means the getting’s still good for buyers and for sellers. Home prices continue to rise, which translates to more money in your pocket when you sell. For more information, please give us a call. We look forward to meeting with you at our office. “OUR SUCCESS HAS BEEN BUILT ONE SATISIFIED CUSTOMER AT A TIME.”