As we mentioned back in December, last year was a seller’s market and we felt that it would stay that way early into 2018. We are almost at the end of January and there is still a lack of listing inventory. However, we know it won’t stay that way.
We are seeing listings starting to increase (albeit slowly) and new developments cropping up. Come spring time – one of the busiest times of year for listings – it may be a different story altogether.
Buyers are out there looking, so if you’re thinking of selling the pre-spring market could be your opportunity to maximize your asking price. Come end of March, you may find your house is competing with a lot more houses for the buyers’ attention. Listing
now could just give you the edge, especially if your property needs a little TLC.
As a buyer, what can you do? As with last year, buyers are still in a tough position. Lack of inventory can equate to higher prices and missing out with houses selling in a matter of days. You really need to engage the services of an experienced team,
such as The Griesser LaPierre Team. We can give you a heads-up on forthcoming listings, as well as to prepare your offer so that it stands out above the competition.
Getting pre-approved for a mortgage is a must prior to submitting and offer and looking at homes. We have some wonderful relationships with lenders that can walk you through the pre-approval process. Getting pre-approved can be done right over the
phone or an in person meeting with one of our lenders. We can guide you on the process as well and offer advice as to what a seller looks for in a pre-approval letter again helping to make sure your offer stands out.
Talking of moving quickly, it’s easy to be tempted to jump in and put an offer in on a house just to try and secure it. That isn’t always the best approach and we can work with you to ensure you buy the house you really want and that best fits your needs.
With over 40 years in the real estate business, we have a seen all sorts of market conditions. We have a wealth of resources for every situation when buying and/or selling. Reach out to us today at 484 995-7730 or firstname.lastname@example.org
to discuss your real estate needs.