Friday, March 27, 2015

Attention Potential Sellers Sitting On The Fence

Attention Potential Sellers Sitting On The Fence
It could be time to make a move. Do potential sellers in your market need convincing? An article in CNN Money highlighted several reasons why this spring would be the perfect time for home owners to get off the fence. After all, many markets across the country are still tilting in sellers’ favor. Here’s why:
Less competition: A limited number of homes on the market will help sellers nab top dollar, and may even spur bidding wars and multiple offers. Inventory levels nationwide were at a 4.6-month supply in February. A balanced market is considered to fall between a five- to seven-month supply. Mortgage rate hikes loom and
Soaring rental costs, read more.

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