And It's Starting

I said in my last post that this uneven balance between the amount of buyers and the amount of listings available can't last, and it seems that I was right and a wind of change in blowing through the Real Estate Business. Days are getting longer, and people are looking forward to Spring and at the same time deciding to list their houses. Only this week the amount of new listings that has appeared on MLS is staggering, and it will only increase as the better weather approaches.
So. If you are thinking of listing your home, then list it now. Don't wait for a few weeks and disappear into the hundreds of listings that will be coming onto the market shortly.

Sure, if your home is renovated to the max, and drop dead gorgeous, yes of course it will sell quickly in practically any market. But, if it requires a little work here and there, and is in competition with more up to date properties in the same price range then it will get passed over in a buyers market.

The buyers market is coming people, there will soon be lots and lots of choice out there. Great is you a buyer. But for a seller the tables will turn and it will be a different story. Don't say I didn't warn you.........................

Supply & Demand

Happy New Year!! Much to everyone's surprise there was barely a lull in the Real Estate business during the holidays. Buyers were still out there in droves all clambering to secure the very few listings that were available, offering sometimes tens of thousands of dollars over the asking price, and it remains the case as I write.

I believe I said this at the end of 2009, but it bears repeating. If you are thinking of listing your home, then don't wait, do it now. I know that everyone believes that nothing sells until Spring. Well that may have been the case in the past, but not at the moment. We are seeing an aberation in the market and buyers are plentiful. Waiting until Spring will see you become one of the crowd, as everyone starts to list. Forget getting over the asking price, forget getting multiple offers, forget seeing your home sold within days. You will just become another listing in a market where the buyer is spoilt for choice.

The balance will tip and the supply will become greater than the demand. So while you still have the opportunity to be ahead of the game. If you want to make money on your home, if you want to get the best price for your home, if you want to sell it quickly. List it now........... You won't regret it................