Home For Sale Sign in Front of New House
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.
