If you are debating listing your house for sale this year or even early next year, here is the #1 reason not to wait!
Buyer Demand Continues to Outpace the Supply of Homes For Sale
According to theNational Association of REALTORS’ (NAR) Foot Trafficreport, there are more buyers out in the market right now than at any other time in the past three years.
The graph below shows the significant increase in foot traffic experienced this year compared to 2014.
The latestExisting Home Salesreportshows that there is currently a 5.2-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market and well below August 2014 numbers.
The chart below details the year-over-year inventory shortages experienced so far in 2015:
Meet with a local real estate professional who can show you the supply conditions in your neighborhood and assist you in gaining access to the buyers who are ready, willing and able to buy today!
Always ahead of the highly competitive RGV real estate market, Marilyn Cortez is a Spanish speaking native of the Rio Grande Valley. Born and raised in Mission, Marilyn is committed to her clients, and is recognized as a Top Agent in the Greater McAllen Real Estate area, and within Keller Williams Realty. Since the start of her Real Estate career in 2007, she has sold over 40 million dollars of real estate. Known by her fellow real estate agents to be hardworking, honest, dedicated and motivated, Marilyn is knowledgeable in all areas of Real Estate and has built her business on results, with more than 70% of her clients being repeat clients.