The latest Existing Home Sales Report from the National Association of Realtors (NAR) demonstrates a definite correlation between a lack of inventory and rising prices. In a nutshell, it is simple supply and demand economics. In other words, as the demand for an item increases, its supply continues to diminish ...
Continue ReadingQuick Synopsis: November’s National Existing Home Sales report indicates that sales are now at an annual pace of 5.61 million which is “now the highest since February 2007 (5.79 million) and is 15.4% higher than a year ago (4.86 million).” A big surge in the Northeast and a smaller gain ...
Continue ReadingUndoubtedly every Seller would like to obtain the highest sales price, when selling their home. But how can a Seller better their odds of receiving maximum value for their house? Here are 2 key factors to help ensure you get the highest price possible, in the current market: 1. Price ...
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