Todays Ramble From Team Rambala May 29 2018

Dated: 05/29/2018

Views: 332

Don’t Wait to Sell Your House! Buyers Are Out Now

Don’t Wait to Sell Your House! Buyers Are Out Now | MyKCM


Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high.

Let’s see how this applies to the current residential real estate market.

SUPPLY

It is no secret that the supply of homes for sale has been far below the number needed to sustain a normal market for over a year at this point. A normal market requires six months of housing inventory to meet the demand. The latest report from NAR revealed that there is currently only a 3.6-month supply of houses on the market.

Supply is currently very low!

DEMAND

A report that was just released tells us that demand is very strong. The most recent Foot Traffic Report (which sheds light on the number of buyers who are actually out looking at homes) disclosed that “foot traffic grew 10.5 points to 52.4 in March as the new season approaches.”

Demand is currently very high!

Bottom Line

Waiting to sell will only increase the competition between you and all of the other sellers putting their houses on the market later this summer. If you are debating whether or not to list your home, let’s get together to discuss the conditions in our market. Call Team Rambala for a Free Market Analysis at 772-226-0878. Also try our FREE Mobile App... Download Here


Image title


Reviews on Zillow 

"Erin and Paul helped me purchase my Florida home; they were both very helpful to make the process go smoothly and on schedule. I highly recommend them ..." more 
"She and her husband were very helpful. They worked with us over two summers to find the right house at a great price. She was always available by ... more "

"Erin and Paul were extremely helpful in assisting us with our purchase. We were out of state buyers and not able to be there for the purchase process. ... more "
 


http://bit.ly/2IYx9rj

Latest Blog Posts

Todays Ramble From Team Rambala May 29 2018

Don’t Wait to Sell Your House! Buyers Are Out NowRecently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The

Read More

Home Sellers Guide Winter 2018

In this edition of the Home Sellers Guide seasonal series for Winter 2018 we look at 5 reasons to sell your home now, how to get the most money from the sale of your home, the importance of using

Read More

Home Buyers Guide Winter 2018

Thinking of buying a home in Vero Beach?  This special edition of the <strong>Home Buyers Guide Winter of 2018</strong>, presents the 4 reasons to buy a home in Vero Beach this

Read More

Todays Ramble From Team Rambala January 25 2018

If You’re Considering Selling, ACT NOW!!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

Read More