Tag Archives: seller’s market

Posted on by May 30, 2017

Trying to Buy a House and Tired of Missing Deal after Deal?

Frustrated? I bet.

I will show you how to WIN in this Market.

Tired of competition from other buyers? You have to be proactive in this market – and here’s the secret sauce —-

Our Exclusive ‘Would Sell List’ – which gives you access to up to 20% more homes, none of which are listed publicly for sale.

Get on this List, and You’ll Find:

• Homes that only our team knows about – which aren’t for sale to the public yet. You’ll have 1st sneak peek at these properties – one of our most powerful tools.

• Our team’s personal list of sellers who haven’t offered their homes to the public yet, but who have said “Bring me a buyer”.

• Homes recently offered for sale to the public – they didn’t sell, but they still want to.

• Homes with very limited public exposure – usually for sale by owners

• Owners who have fallen behind on their payments and may be forced to sell very soon.

• New Homes from Builders ready for completion – that are yet to be offered for sale to the public.

How do you get on this list? Simple: Schedule a Buyer Consultation with one of our team’s Buyers Specialists. Call or text us at 801-896-7355.

Posted on by December 15, 2016

Why You Shouldn’t Take Your House Off the Market During the Holidays

If you are one of the many homeowners who is debating taking your home off the market for the next few weeks, don’t! You will miss the great opportunity you have right now!

The latest Existing Home Sales Report from The National Association of Realtors (NAR), revealed that the inventory of homes for sale has dropped to a 4.3-month supply.

Historically, a 6-month supply is necessary for a ‘normal’ market, explained below:

Why You Shouldn’t Take Your House Off the Market During the Holidays | MyKCM

There are more buyers that are ready, willing, and able to buy now than there have been in years! The supply of homes for sale is not keeping up with the demand of these buyers.

Bottom Line

Home prices are appreciating in this seller’s market. Making your home available over the next few weeks will give you the most exposure to buyers who will be competing against each other to buy it.

Posted on by August 26, 2016

How Supply & Demand Impacts the Real Estate Market

Some Highlights:

  • The Concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high!
  • Anything under a 6-month supply is a Seller’s Market!
  • There has not been a 6-months inventory supply since August 2012!
  • Buyer Demand continues to out-pace Seller Supply!
Posted on by July 26, 2016

The Top Reason to List Your House For Sale Now!

 

If you are debating listing your house for sale this year, here is the #1 reason not to wait! 

Buyer Demand Continues to Outpace the Supply of Homes For Sale

The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage:

“With demand holding firm and homes selling even faster than a year ago, the notable increase in closings in recent months took a dent out of what was available for sale.

Realtors are acknowledging, with increasing frequency lately, that buyers continue to be frustrated by the tense competition and lack of affordable homes for sale in their market.”

The latest Existing Home Sales Report shows that there is currently a 4.6-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market and 5.8% lower than June 2015.

The chart below details the year-over-year inventory shortages experienced over the last 12 months:

Housing Supply Year-Over-Year | Simplifying The Market

Anything less than a six-month supply is considered a “Seller’s Market”.

Bottom Line

Let’s get together and discuss the supply conditions in your neighborhood to be able to assist you in gaining access to the buyers who are ready, willing and able to buy now!