Is Now The Right Time To Sell My House?

Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes.

Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!

At the same time, however, inventory levels of homes for sale have dropped dramatically as compared to this time last year.

Housing inventory is down 10.5%

Trulia reported that “in Q4 2017, U.S. home inventory decreased by 10.5%. That is the biggest drop we’ve seen since Q2 2013.”

Here is a chart showing the decrease in inventory levels by category:

The largest drop in inventory was in the starter home category which saw a 19% dip in listings.

Now may be the perfect time to sell

Demand for your home is very strong right now while your competition (other homes for sale) is at a historically low level. If you are thinking of selling in 2018, now may be the perfect time.

2017 North Ranch Annual Review

The SG Associates North Ranch Annual Review offers valuable insight into 2017’s market performance as a whole, along with a close analysis of single-family and condominium home sales in the 20 North Ranch prime neighborhoods.

  • Data for 20 neighborhoods
  • Beautiful custom maps & charts
  • Expert commentary & analysis
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