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Are you wondering if you should sale your house now or later? Let us tell you why now is the time!  © chrisdorney

Are you wondering if you should sale your house now or later? Let us tell you why now is the time!
© chrisdorney

One of the key reasons to sell now is low inventory. As a potential seller it may look like a lot of homes are on the market, but there are not. Inventory continues to stay well below that of 2007. New listings can have buyers in a matter of days. Buyers have seen what is available and they are ready to make an offer for their perfect house when it gets listed!

Another plus of listing your home now is that existing homes and resales have a leg up on new construction in the current marketplace.

According to Scott Murphy of DS Murphy Appraisals, “Builders are building houses as fast as they can, but it takes years to ramp up production. New home sales are one-third of what they were. Existing home sellers have the market virtually to themselves – at least for now. By this time next year the new construction market will be back in full swing.”

This is good for sellers because some buyers either don’t have the luxury of waiting on a home to be built and others just don’t want to! There was a six year period where finding any new construction was difficult and it will take time for the market to replenish its new home inventory. This will make a resale shine even brighter for the time being.

The Cueny Team knows the market and has years of expertise is existing home sales. We are ready to get your home on the market and help you with all of your real estate needs. If haven’t checked out our Facebook page, please do!

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