Thinking Of Selling Your Atlanta Home? Act NOW!
As I shared in a past blog post, Atlanta buyers are out looking for homes right now! If you’ve been thinking about selling your home this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing— not to mention, mortgage rates are still hovering around record lows!
According to the concept of supply and demand, the best time to sell something is when the supply of that item is low and demand for that item is high, which is exactly the case in today’s real estate market.
Lawrence Yun, Chief Economist at the National Association of Realtors, recently commented:
“Contract signing inched backward once again last month, as declines in the South and West weighed down on overall activity.”
Yun also goes on to say:
“The reason sales are falling off last year’s pace is that multiple years of inadequate supply in markets with strong job growth have finally driven up home prices to a point where an increasing number of prospective buyers are unable to afford it.”
In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction, including the inspection, appraisal, and financing contingencies. What does that mean for you as a seller in Metro Atlanta? It means the ball is in your court— it’s time to get moving!
If you’re ready to sell your home, you’ll want to get started working through Heineck & Company’s Pre-Market Program! Preparation is the key to a smooth sale!
Send an email to email@example.com to set up a call or meeting with Jill TODAY!
Post credit: Keeping Current Matters