October's Housing Market Update For Sellers
DKG's Monthly Real Estate Update For Sellers
Guess what. Buyers are out there in droves, as their purchasing power has increased due to incredibly low-interest rates. This is continuing the trend for a very active fall market. Showingtime just reported that buyer traffic jumped 607% compared to this time last year. Wow!
The downside? There are simply not enough homes for sale to meet the incredible demand. NAR (National Association of Realtors) recently announced that there were only 1.49 million units available for sale, which is down a whopping 18.6% from one year ago. For buyers, that means they need to work with an experienced agent to navigate the competitive buyer landscape to get a winning offer. For sellers, that means the time is now!
The selling process is going very quickly once a home is on the market. The competitive environment we’re seeing has forced buyers to be prepared to stand out, which means getting pre-qualified early in the game and knowing exactly what they can afford.
The housing market is prime for sellers right now. Don’t hesitate, start the process now, the timing is right for you and your family. The market is calling your name with low-interest rates, a shortage of available homes on the market, and highly motivated buyers.
DKG makes it easy to sell for more with an experienced listing agent duo (Susan Kirn and Natalie Perez); complimentary, in-house, professional design consultations and staging; innovative marketing and so much more. Get more information on our Signature Selling Process with lots of tips, tools, and testimonials! You can also register for one of our upcoming virtual “Sell For More” seminars. If you’re thinking about selling your home, we’d love to meet you!