For Sellers Archives - Page 5 of 5 - J.P. Cook

The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply)

Lack of Homes for Sale Slowing Down the Housing Market

February 6, 2017

For Buyers, For Sellers, Housing Market Updates

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The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2017 will be the year that the housing market races forward again. However,

No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring!

February 2, 2017

For Sellers, Housing Market Updates

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Is spring closer than we think? Depending on which groundhog you listen to today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their homes on the market as buyer demand traditionally

Sales at Highest Pace in 10 Years! [INFOGRAPHIC]

January 27, 2017

First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Real Estate

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Highlights: 45 million existing homes were sold in 2016! This is the highest mark set since 2006. Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999. The median price of homes sold in December was $232,200. This is the 58th consecutive month of year-over-year

Thinking of Selling? Why Now is the Time

January 27, 2017

For Sellers

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It is common knowledge that a large number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the spring