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2018-01-25 11:04:22
If You’re Considering Selling, ACT NOW!!

 

If You’re Considering Selling, ACT NOW!! | MyKCM

Definitely an aggressive headline. However, as the final data on the 2017 housing market rolls in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!

How did we finish 2017?

  1. New-home sales were at their highest level in a decade.
  2. Sales of previously owned homes were at their highest level in more than a decade.
  3. Starts of single-family homes were their strongest in a decade and applications to build such properties advanced to the fastest pace since August 2007.

And Bloomberg Business just reported:

“America’s housing market is gearing up for a robust year ahead. Builders are more optimistic, demand is strong and lean inventory is keeping prices elevated.”

And the National Association of Realtors revealed that buyer traffic is stronger this winter than it was during the spring buying season last year.

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 9.7% from the same time last year.

Bottom Line

With demand increasing and supply ping, this may be the perfect time to get the best price for your home. Let’s get together to see whether that is the case in your neighborhood.

 

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Robert K. Whalen
Berkshire Hathaway HomeServices California Properties  
516 5th Avenue
San Diego, CA 92101
Cell 619.985.2225
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Blog Archive
2018-02-17 19:08:22
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2018-02-15 11:55:09
Calm Down! The Real Estate Market is NOT Falling Apart

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Low Inventory Pushes Home Prices Higher

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The #1 Reason to Sell Now Before Spring

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Where Are Mortgage Interest Rates Headed in 2018?

2018-02-05 19:40:12
Whether You Rent or Buy, Either Way You’re Paying a Mortgage!

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February 2018 Events for San Diego, CA

2018-02-02 11:14:42
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2018-02-01 10:00:52
Bidding Wars Abound… How Long Will They Continue?

2018-01-25 11:04:22
If You’re Considering Selling, ACT NOW!!

2018-01-24 12:45:58
Why You Need a Professional on Your Team When Buying a Home

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2018-01-10 14:35:50
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2017-12-28 10:40:49
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2017-12-26 14:55:03
January 2018 Events for San Diego, CA

2017-12-26 13:08:51
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2017-12-07 14:09:51
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2017-11-26 14:07:59
December 2017 Events for San Diego, CA

2017-11-11 14:09:15
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2017-10-30 11:12:15
Renting or Buying…Either Way, You're Paying Someone's Mortgage

2017-10-27 12:16:54
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