We all learned in school that when selling anything, you will get the most money if the demand for that item is high and the inventory of that item is low, remember Cabbage Patch Dolls? It is the well-known Theory of Supply & Demand. If you are thinking of selling your home, that the time is now. Here is why…
According to research at the National Association of Realtors (NAR), buyer activity last month (January) was three times greater than it was last January. Purchasers who are ready, willing, and able to buy are in the market at great numbers.
Buyers are ready to buy a home in Santa Clarita, Ca, but they are coming upon situation of lack of listings. Many sellers say they are waiting for the spring to list their homes! WHY?
Low Inventory=Less Competition
Many sellers find it more convenient to list their homes in Spring, however you are thinking like all the other sellers out there. In order to get top dollar when you sell your Santa Clarita home, you must think outside of the box. Would you rather list your home for top dollar now and have no competition or would you rather list your home in spring and have 10 of the same types of homes as yours on the market, some who may be priced lower than yours. Think about it, same house on the market as yours listed for lower, which one would you make an offer on first? With fewer homes on the market now, your home will get more attention from buyers. Low inventory and higher demand also drives up prices.
By Spring we expect many more home owners to list their homes because more sellers have equity that they didn't in years past. It is normal for inventory of homes to rise in the Spring, don't be left out of getting top dollar for your home now!
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