You know the law of supply and demand, right? Well, the supply of houses in the 13-County Twin Cities Region is down and the number of buyers is up! The median sales price is also rising. Fewer homes are for sale than a year ago, and yet the number of sales has increased.
If you are contemplating selling a property, there has never been a better time to do it. This is especially true if you do not need to buy another house in the same area.
Maybe you've been thinking of downsizing? Or maybe you have a property you've been leasing, but now you're ready to sell. Have you been considering a move to a different part of the country? Do you have an elderly loved one who is ready to move into assisted living? In all of these situations, now is the time to move your property quickly and get strong offers from buyers.
Let's set up a time to talk about selling your property!
It's a good time to sell. The current demand for homes is high and the supply is low. If you're looking to buy a home, interest rates are very favorable, but prepare yourself for the process to be competitive, especially for homes priced under $400,000. Be patient and expect there to be multiple offers. In this fast-paced and competitive market, it's especially important to have a REALTOR® watching for new listings the moment they hit the market. Let me know if I can help you.