Homeowners: Your Home Must Be Sold TWICE! That’s correct, every home on the market has to be sold 2 times, once to a prospective buyer and then to your bank (through the bank’s appraisal). With home prices increasing, the 2nd sale might be even more difficult than the 1st. Maybe your planning on jumping into […]
The post Every Home On The Market Has To Be Sold 2 Times! appeared first on Randy Lenz | Real Estate.
Have you received little, if any, offers on your home that’s listed for sale?
You might want to review the asking price! If your home has been on the market for a while, even just a month and you haven’t received any offers or even a nibble — yes, it’s probably the price! Consider the market value, if it’s priced at even 10% above its value that could seriously narrow the number of prospective buyers interested in viewing your house!
The housing inventory in Greater Madison is 1.7 months, less than 1/3 of what is typical for our market. And as such, homes hitting the market get instant attention and are selling at premium levels!
The post Here’s Why You Should Sell Your Home TODAY! appeared first on Randy Lenz | Real Estate.
The housing crisis of the past is finally in dissipating as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up and distressed sales (foreclosures and short sales) are at their lowest mark in almost a decade. This year has been great for real estate […]
The post Low Housing Inventory is Still Posing a Challenge appeared first on Randy Lenz | Real Estate.
Inventory of homes for sale is still well below the 6-month supply needed for a normal market. Prices will continue to rise if a ‘sizable’ supply does not enter the market.
The post Now Is a Great Time to Sell! appeared first on Randy Lenz | Real Estate.
