Autumn is upon us, and it sure did come quickly! With the changing of the seasons, we are seeing an increase in activity. The last two weeks have observed buyers coming out more- and that is refreshing. We are seeing our listings average about 1 showing per week. This is our measuring stick against how any particular home is competing with similar homes in their price range. Considering the ever evolving market and price being a moving target, we need to respond with a willingness to adjust to market demands. Physical showings remain the best route weather we are priced according to the market or chasing it .
This is one of the best times of the year
to have your home on the market for a number of reasons…
1) There are less homes on the
market compared to the Spring and Summer markets.
2) Buyers tend to be more motivated
than earlier in the year. If buyers missed the chance to buy this summer,
they are looking to make a move before holidays and winter weather set in.
3) Interest rates are still
amazingly low.
So if you are thinking of making an
adjustment in price, now is a great time to make your home as compelling as
possible to buyers. I hope this information helps, and as always we are
here for any of your questions or concerns!
Your Realtor,
Jose Medina
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