Sellers, if you have any desire to sell your home, now is the best time to do so because there is such a lack of inventory out there and a HIGH demand by buyers. Right now, if your home is priced right, it should get multiple offers quickly. If you are even thinking of selling, you should sell if you are serious.
With more buyers able to purchase now because of interest rates making buying a home so much more affordable, we have too many buyers and not enough homes! It used to be that there were investors purchasing homes and rehabbing them to make some money and flip these homes quickly. However, even the investors are holding on to homes. I am guessing it's because of the rental industry now. There are more people who lost their homes that have had to rent due to their credit etc which in turn has driven up the need for rentals. So, the investors that used to turn and flip homes are holding on to them now.
There are still many sellers that are upside down and would not make anything if they sold their homes (or they may still lose money which they don't need to do nor do they want to do a short sale) so they are not selling their homes either.
Home building is at an all time low also. I just went to Lennar up by Glen Helen and they are only releasing 4 homes in each phase...wow...only 4 homes. It used to be they would release a lot more homes. So, there is also a demand for new homes with waiting lists for most of these to be built.
Sellers, it is a seller's market right now, so if you are thinking of selling, give me a call and I will help you get your home sold for top dollar and quickly. I will give you a FREE market analysis so you can decide if you want to sell. Give me a call today 951-204-1864.
Looking forward to helping you sell your home!
Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
http://inlandempirerealestate.kwrealty.com
calljoan4ahome@gmail.com
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