Do Not Wait To Sell Your Home

Dated: October 5 2015

Views: 1409

If you are debating listing your house for sale this year or even early next year, here is the #1 reason not to wait!


Buyer Demand Continues to Outpace the Supply of Homes For Sale

According to the National Association of REALTORS’ (NAR) Foot Traffic report, there are more buyers out in the market right now than at any other time in the past three years.

The graph below shows the significant increase in foot traffic experienced this year compared to 2014.


The latest Existing Home Sales report shows that there is currently a 5.2-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market and well below August 2014 numbers.

The chart below details the year-over-year inventory shortages experienced so far in 2015:




Bottom Line

Meet with a local real estate professional who can show you the supply conditions in your neighborhood and assist you in gaining access to the buyers who are ready, willing and able to buy today!


-Information Courtesy of Keeping Current Matters

Blog author image

Marion Romano

I grew up in Bergen County, New Jersey across the Hudson River from New York City. My husband, Dennis, and I raised our two children there. As soon as the kids were finished with school, Dennis and I ....

Latest Blog Posts

TOM NEWBERN PHILOSOPHY ON LONG BEACH ISLAND WINTER

I SOME HOW FIND THE CHANGE OF THE SEASONS VERY INTERESTING AND NECESSARY; YOU KNOW LIKE WE WOULD ALL LIKE TO BE IN FLORIDA IN THE WINTER TIME BUT WOULDN'T YOU MISS THE FALL LEAVES, THE BEAUTIFUL

Read More

Angel Tree Seeks Support For Program

Many more area families could use an "Angel" this Christmas to insure that they receive a holiday meal and gifts for the children.   Barnegat-Waretown Chamber of Commerce is looking to

Read More

Coronavirus And Long Beach Island Real Estate Listing Agents

Coronavirus and Long Beach Island Real Estate Listing AgentsThree Reasons to Sell with an LBI Real Estate Agent During COVID Click here to search all homes for sale in the Long Beach Island NJ real

Read More

Holgate Real Estate Long Beach Island New Jersey

Holgate, NJ is part of a collection of LBI neighborhoods that fall under the municipality of Long Beach Township. Holgate is situated at the far south end of Long Beach Island. It was one of the

Read More