Numbers Don’t Lie – It’s Still a Great Time To Sell [INFOGRAPHIC]

Written by Sunny Isles Beach Mortgage Syndicated User on November 12, 2021. Posted in For Sellers, Housing Market Updates, Infographics, Mortgage Sunny Isles Beach, Selling Myths, Sunny Isles Beach Beach Mortgage.

Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the average home is selling fast and receiving several offers. Listing now puts your house in the spotlight, meaning it could sell quickly – and for more than you’d expect. Feeling motivated? If you’re ready to sell and capitalize on today’s market, let’s connect. Content previously posted on Keeping Current Ma...

How Sellers Win When Housing Inventory Is Low

Written by Sunny Isles Beach Mortgage Syndicated User on November 12, 2021. Posted in For Sellers, Housing Market Updates, Mortgage Sunny Isles Beach, Pricing, Sunny Isles Beach Beach Mortgage.

In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season. 1. Higher Prices With so many more buyers in the market than homes available for sale, homebuyers are frequently getting into bidding wars for the houses they want to purchase. According to the latest data from the National Association of Realtors (NAR), homes are receiving an average of 3.7 offers in today’s market. This buyer competition...

Sellers Have Incredible Leverage in Today’s Market

Written by Sunny Isles Beach Mortgage Syndicated User on November 12, 2021. Posted in For Sellers, Housing Market Updates, Interest Rates, Mortgage Sunny Isles Beach, Move-Up Buyers, Pricing, Sunny Isles Beach Beach Mortgage.

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next year.” But the sense of urgency they feel is complicated by the lack of homes for sale in today’s market. According to the latest Existing Home Sales Report from NAR: “From one year ago, the inventory of unsold homes decreased...

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