Inventory is low. More Buyers Less Sellers Feb. 2015
As expected Homes for sale inventory is getting low, and that means one very important thing. Better homes are for sale are on the housing market.
What I mean by that is this, Most homes owners are not desperate to sell, most home owners are not thinking they can retire on what the make selling their homes, as they did several years ago before you know what happened.
Of course low inventory means homes for sale are not on the market long and often will bring multiple offers. Condition and upgrades are very important when selling a home.
Cash offers usually get the purchase over a buyer trying to get a mortgage.
I would recommend getting your mortgage approval before you start looking for a new home so you know what you can look for and can afford.
In this area the Condo dwellers better know as Snow Birds go back to their summer homes in the North East and Mid Western parts of the country.
So for most, the focus is more on buying a single family home rather than a condo.
Young families with children are looking to move, want to settle in before school gets started.
What I mean by that is this, Most homes owners are not desperate to sell, most home owners are not thinking they can retire on what the make selling their homes, as they did several years ago before you know what happened.
Of course low inventory means homes for sale are not on the market long and often will bring multiple offers. Condition and upgrades are very important when selling a home.
Cash offers usually get the purchase over a buyer trying to get a mortgage.
I would recommend getting your mortgage approval before you start looking for a new home so you know what you can look for and can afford.
In this area the Condo dwellers better know as Snow Birds go back to their summer homes in the North East and Mid Western parts of the country.
So for most, the focus is more on buying a single family home rather than a condo.
Young families with children are looking to move, want to settle in before school gets started.
O.K. here is the commercial. Buying or selling I can help you achieve your goals.
Please check out my website www.liveandplayindelray.com for more
information on buying or selling your home.
Thank you
Joe
Joe LaViola
Lang Realty Inc.
900 East Atlantic Ave
Delray Beach, Fl. 33483
561-251-1011
Joe LaViola
Lang Realty Inc.
900 East Atlantic Ave
Delray Beach, Fl. 33483
561-251-1011
