Thinking of Selling? Do it 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:
And CNBC says consumer confidence in the economy is fueling the market:
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.
With demand increasing and supply dropping, this may be the time to get the best price for your home. The much anticipated interest rate hike in the coming weeks has made buyers ready to buy NOW! Give the Ransom-McKenzie Team a call to discuss what your home might sell for. We look forward to helping you with your real estate needs in Riverside.