Why NOW is the Right Time to Sell
Posted by Allison Simson on Thursday, January 16, 2014 at 12:00 AM
By Allison Simson / January 16, 2014
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The #1 Reason You Should Sell Now
Posted: 13 Jan 2014 04:00 AM PST
The price of any item (including residential real estate) is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. Putting your home on the market now instead of waiting for the increased competition of the spring might make a lot of sense.
Buyers in the market during the winter months are truly motivated purchasers. They want to buy now. With limited inventory available in most markets currently, a seller will be in a great position to negotiate.
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