As we begin the new year, many families will be deciding if this is the year they will sell their current house and finally move into their dream home. Many will decide that it is best to wait until the spring "buyer's market" to sell their house. That might have made sense in the past, but this winter is unlike recent years! The recent rise in mortgage rates has forced buyers into the market, meaning that there is currently a great deal of buyer demand. At the same time, the inventory of homes for sale has dropped dramatically as compared to this time last year. The chart below shows the decrease in inventory levels by category.
Demand for your home is very high right now, while your competition is at a historically low level. If you are considering selling your home in 2017, don't wait! If now may be the time for you, contact us at (864) 341-7774 or lakegreenwoodproperty@gmail.com to discuss your next steps.
