Hello everybody my name is Cade Olof and welcome back to Suburban Snacks. This month’s snack is… yogurt peppermint pretzels! In this episode, we’ll be discussing whether or not property owners are wanting to sell their homes this winter. According to Realtor Magazine, more than one-third of prospective sellers are ready to take advantage of the current market and believe they’ll make a profit on their home. Now statistically, the real estate market cools down throughout the winter months. However, because we’ve experienced many different changes throughout the past year including; working from home, increased prices, and a very competitive real estate market, sellers are planning on taking advantage of their home equity. If you’re a buyer then this is great news! The increase in listings coming on the market may act as relief from the dry and limited inventory that we’ve been seeing over the past 6 months. George Ratiu, manager of economic research for realtor.com, states that even though we may see an increase in listings, buyers should be ready for high asking prices and offer deadlines.
About the Author
Suburban Real Estate Group
Our team of experienced agents have facilitated the transfer of nearly $80 Million worth of Real Estate and currently manage over $30 Million worth of rental properties. By using the latest technology available in the industry, combined with their family values, buyers, sellers, and property owners can rest assured that their best interest is Suburban’s number one priority.
Leave A Comment
You must be logged in to post a comment.