Monthly Real Estate Market Update – December 2017

We are in December and the market is STILL HOT!  Yes, again because inventory has remained low.  Homes that remain on the market typically are overpriced and/or in poor condition.  There are 3 things that determine the value of a house in buyers eyes. 

You heard location, location, location.  Location is one of them but not everything.  You can’t control location.  Then you have price and condition.  These are going to be two factors you have control over that buyers look at.  If a home is $10,000 overpriced and needs some updating, buyers will walk away.  A home needs to be positioned correctly to sell.  The buyers out there are pouncing on homes instantly that come on the market that are well maintained and priced appropriately.  So condition as well as price helps sell houses. So it is finding the happy medium between the two to help get your home sold faster.

Our goal is to put the most money back in our clients pockets as possible.  What matters most to us is building a relationship with you so that you feel comfortable and confident referring us when you come across other people that are thinking about buying or selling.  We know it is in our best interest to do what is in your best interest. 
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Have a happy and safe holiday.  See you next month in the new year!