Let’s Look Through The Window
Declining sales in the Existing Home Sales Reports from the National Association of Realtors may have dampened your spirit lately.
Don’t look down yet.
100 housing experts believe home prices will continue to appreciate at historical rates for the next 5 years according to a survey by Pulsenomics.
Watch the Inventory
Foreclosure and short sale property inventories are sinking like a rock in a pond. Because of improvements in the economy and as families continue to improve their control of finances, the foreclosure and short sale factors that drove the market the last few years are impacting this inventory.
What It Means
Don’t look down, keep your eyes on this :
LendingTree Survey Reveals 71% of Current Homeowners are Contemplating Selling in 2014 – NASDAQ.com
As home values continue to improve across the country, sellers who have been sidelined due to low property values will start to take action in the market.
Doug Lebda, founder and CEO of LendingTree.
As we’ve mentioned before, if you’re thinking of selling, now is the time to beat the increased spring competition.
Let’s work together in getting the best possible price for your home so that you can look out the window of your dream home sooner while the economy and weather improve.