Rarely do we refer to our real estate inventory as "stuff" but the statement seems to be coming up more and more these days, that "the good stuff is selling". First, let's qualify "good stuff". This term means properties that are priced competitively and are compelling. Sellers that are realistic about the market, in spite of reports that indicate rising prices, more buyers, etc. Yes, all of those reports are true but are based on nationwide trends, not local markets and they are looking at year over year or month over month. You need to be aware of how these reports are spun. The term also includes sellers that know how to present their home in the best light possible. De-personalized, clean, well-maintained, appropriately landscaped, flattering lighting/decor and staged to sell are no longer suggestions or options, they are must-dos!
We have a glut of inventory but a shortage of good inventory. I have been out for the past three days looking for a well priced home that is in good shape and meets the buyers' criteria. Out of hundreds found on the Internet, 20-30 actually toured in person; these buyers only found three that they would even consider! That is unbelievable! Two of three have multiple offers going into the weekend, thus further proving the limited supply of quality inventory.
If you are a seller considering putting your home on the market give me a call or shoot me an email to discuss what it is that can make your home competitive and compelling so that you can sell your home in 2013.
If you are a buyer looking for a home on your own and are having a difficult time navigating the conflicting and confusing information, call me or email me, and let's chat about a plan that can make sense of it all and can further guide you through the process of owning a home that fits your needs, preferences and pocketbook.
Happy House Hunting! Talk to you soon!
Brooke
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