If you are thinking of selling, now's the time

If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.

Jonathan Smoke, the chief economist of realtor.com, in a recent article revealed:

“Our preliminary review of April activity on realtor.com shows that traffic, searches, and listing views are up more than 35% over last year. With 3 million jobs created and close to 1.5 million new households formed in the past 12 months, many more people want a new home of their own, and they want it bad. Their patience will be tested with tight supply—indeed, the No. 1 impediment of active shoppers in April was not being able to find a home that meets their needs.”

In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction including the inspection, appraisal and financing contingencies.


As a potential seller, you are in the driver’s seat right now. It might be time to hit the gas.

ecb33dfe 7814 46d0 b568 abc1814b485c 6c56e682 6564 4127 a8ab 6041d3edda47 9b7fe528 d807 4447 8dcf 25d30e912ed3 f8d2ec90 b766 4ece b384 fa54f723abd7 fe59b668 5fc4 4453 bf28 1f431a0c70d1 b45cc65a 6f18 480c b760 aefc45ad415d d176ff85 1eac 45a3 abbc caa157025e52 a71cc523 ca14 4144 8f6c f9740ee38672 ae9486a9 e5dd 4d7e ad84 ed590c379f8f 9f8cdd39 1c8a 4813 8afd f2bbe4eb6755 7beb1088 ca89 4edb a685 e99a2676cee4 313ecc8a bc49 45fd 9cbe 5e01d643f58c 22013793 13cf 4efa 9204 13c8226aab32 f4fcf19b cf3c 440e 9b39 df18cdf1f17d 36241a1e 674d 41d7 b56f e39485331e12 5166cfb4 ecd9 4fdc a896 7061b5e1511d 556c991d d185 4d21 844f 817c01712a4f 3612aadc a3a7 425b a47a 64ee7a71f5e1 dbb73e3b 2616 40a5 9b5b bf4972cbed38 feea7876 41c6 4d9e 8cf6 f63f3540a571 0c93b34d c498 4b99 a21a 92fe1150fc76 291b7545 0ea5 4231 aa1d 7b985b4ffc81 d4f520c0 46c3 407c a43e f68440e3e371