Posts

Showing posts from February, 2017

Buyers Are Searching For Your House! Is It time to list your home?

Image
The most recent Pending Homes Sales Index from the National Association of Realtors revealed a slight bump in contracts with an increase of 1.6% in December. This news comes as existing home sales are also forecasted to be on pace for 5.54 million in 2017, a 1.7% increase over 2016, which was the best year for sales in a decade. Read More: Buyers Are Searching For Your House! Is It time to list your home?  Is this the year you sell your home? Call me for my free home selling guide and consultation.  Jack Otto eXp Realty #1 Agent in Social Media in Washington (mondinion.com) Jack.otto@exprealty.com 206-388-6102

Buyer Demand Is Outpacing the Supply of Homes for Sale

Image
Buyer Demand Is Outpacing the Supply of Homes for Sale The price of any item is determined by the supply of that item, as well as the market demand.  The National Association of REALTORS (NAR)  surveys  “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions”  for their monthly  REALTORS Confidence Index . Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic (demand). Read the rest here: Buyer Demand Is Outpacing the Supply of Homes for Sale