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 makes 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. Reposted from KCMBlog.com
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If you would like more information on the value of your home or the current market conditions Call James Haydon of Coach Realtors at 631-759-6256 or send an email to: jhaydon@coachrealtors.com