Thursday, December 10, 2015
At CENTURY 21 Beggins we have a Saying: For your “Finest Real Estate Experience…GUARANTEED!” This slogan is a mindset that permeates throughout our company and it’s difficult to back up since different customers define their experiences differently. This is one the reasons why our agents are trained to ask questions to our Buyers and Sellers before we deliver an experience. After all, how can we deliver your finest real estate experience if we don’t fully understand what you expect?
Through these articles I’m frequently offering market information. While relevant to some, it’s certainly not relevant to all. For example, right now the market is brisk. In the four counties we focus in, inventory (homes for sale) are below what’s considered normal levels leading to what’s called a Seller’s market. A balanced market has a 6 month supply of homes. Some of the markets we serve have as low as a 1.8 month supply. That means that if no more homes come on the market and sales persist at the current level, that market will run out of inventory in 1.8 months. Other markets have a 4 or 5 month supply and others have a 7 to 8 month supply. This proves the statement that Real Estate is hyper Local and general market reports may not be accurate for your home.
That being said, we need listings in many of our markets. We recognize that Selling Now may not be right for you, and we also realize that Selling Now may be right for you. It just depends on your situation.
Love it or List it seems to be what’s going on now. Lots of people are fixing up their homes because they plan to stay put, others have had lifestyle changes and want to sell now to buy something different. Move up, Move Down or Simply Move Around. Inventory is getting scarce and we’re going to need more homes to sell to accommodate the anticipated buyers for the winter buying cycle. Think about this when interest rates go up, payments on homes will increase. Now is a great time to settle into a new place even if you’re just considering it.
Wouldn’t it be nice to at least know what your property is worth? One of our excellent agents will ask you a series of questions and show you 15 properties like yours in 3 different categories. We’ll choose 5 homes on the market now similar to yours, 5 homes that have sold and 5 more that have expired or withdrawn from the market. Our exclusive Strategic Market Analysis (SPA) allows YOU to pick a price according to your personal motivation to sell. And it’s free, without any obligation. What if it’s worth more than you think? Where would you move? What would that new place look like? Consider buying now before prices go up, or stay where you are and watch prices go up. Either way, wouldn’t it be nice to know? Remember our Slogan: For your “Finest Real Estate Experience…GUARANTEED!” If you’re not completely satisfied, we’ll write you a check at closing for $350.
Please, give us a call if you or someone you know is thinking about taking advantage of this rising real estate market and super low long term mortgage rates.
There’s an old saying … You can have everything you want in life when you help enough other people get what they want. We’d be honored to help you with your Real Estate needs this year and well into the future. We’re skilled at helping you make informed decisions. To learn more about what CENTURY 21 Beggins Enterprises offers Buyers, Sellers and Agents, watch our new videos at www.c21be3.com.
Until next time, may you have fair weather and following seas!
Craig J. Beggins, President
CENTURY 21 Beggins Enterprises