Again this winter Fergus Falls is seeing a shortage of homes for sale. I am working with several buyers and we are only able to look at a few houses that possibly meet their criteria because of the lack of listings. With buyers out there looking, if you are considering selling this year, now is the time to put your house on the market. Let’s get together to evaluate the demand for your house in our market!
I’m a real estate agent with the “heart of a teacher” who would love to help you in the process of buying or selling. I want to be prepared to ensure that you are given the best buying/selling experience with knowledge and expertise to guide you along the way. Today I’d like to look at what the experts nationally are saying about home availability this winter.
You may have heard that the housing market is softening. There is no doubt that buyer traffic has decreased. There are fewer purchasers in the market than there were last month and at this time last year. What you may not have heard, however, is that there is still a severe shortage of listing inventory in many regions of the country.
In a recent interview discussing the housing market, First American’s Chief Economist Mark Fleming put it simply:
“The biggest challenge is really the availability of supply.”
When we look at available inventory numbers released by the National Association of Realtors (NAR), we see that the actual number of homes for sale has decreased in each of the last five months.
What does this mean to you as a seller?
The best time to sell is when there is less competition. That guarantees you a better price and fewer hassles in the transaction.
If you are thinking of selling your house this year, the best time to put it on the market might be right now. Let’s get together to evaluate the demand for your house in our market!
Source…. KCM Charlie Brue blog
To protect your interests and ensure that you make the best possible decisions, it’s important that you have a knowledgeable agent on your side who is an expert in his local real estate market. I am dedicated to keeping you on top of our local market. Rest assured that I will provide you with well-informed, trustworthy and personal guidance for your home purchase/sale in Fergus Falls Minnesota.
To reach me, call or text 218-205-6566 Or send me an email at email@example.com
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