Thinking of selling? List your home on the market TODAY!!!

Thinking of selling? List your home on the market TODAY!!!

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Thinking of selling? List your home on the market TODAY!!!That headline might be a little aggressive. However, as the data on the 2017 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!

The February numbers are not in yet, but the January numbers were sensational. Lawrence Yun, Chief Economist for the National Association of Realtors, said:

“Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home. Market challenges remain, but the housing market is off to a prosperous start as homebuyers staved off inventory levels that are far from adequate…”

And CNBC says consumer confidence in the economy is fueling the market:

“U.S. home resales surged to a 10-year high in January as buyers shrugged off higher prices and mortgage rates, a sign of growing confidence in the economy.”

The only challenge to the market is a severe lack of inventory. A balanced market would have a full six-month supply of homes for sale. Currently, there is less than a four-month supply of inventory. This represents a decrease in supply of 7.1% from the same time last year.

Bottom Line

With demand increasing and supply dropping, this may be the perfect time to get the best price for your home. Contact a local real estate professional today to see whether that is the case in your neighborhood.

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Real Estate Service
Service Type
Real Estate Service
Provider Name
LUXE Realty Group with RE/MAX Executive,
19600 W Catawba Ave,North Carolina-28031,
Telephone No.7043631668
Lake Norman, Denver and Surrounding
LUXE Realty Group with RE/MAX Executive is dedicated to providing you with the results you desire. Specializing in luxury and waterfront properties, LUXE Realty Group utilizes their leading marketing strategy to list and sell your home. Buying is a breeze with their certified buyer's agents! Let LUXE Realty Group manage all of your home listing and purchasing needs for a stress free transaction.

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