Some experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away. The question,
Jun 23 2016 Hurry Up And List Your House TODAY
Dated: 06/23/2016
Views: 324
That headline might be a little aggressive. However, as the data on the 2016 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!
The May numbers are not in yet, but the April numbers were sensational. Jonathon Smoke, Chief Economist at realtor.com, explained:
And Freddie Mac also expressed a tremendous optimism regarding home sales for the rest of the summer:
The only challenge to the market is a severe lack of inventory. A balanced market would have a full six-month supply of homes for sale. Currently, there is less than a five-month supply of inventory. This represents a decrease in supply of 3.6% from the same time last year. Bottom LineWith demand increasing and supply dropping, this may be the perfect time to get the best price for your home. Let's get together to see whether that is the case in your neighborhood. |
John Faber
John Faber has lived in West Michigan his entire life and with strong family ties in the area, he takes his clients' needs to heart and treats them like family when helping them buy or sell a home. J....
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The properties on this web site come in part from the Broker Reciprocity Program of Member MLSs of the Southwestern Michigan Regional Information Center. Copyright 2011 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Data Last Updated August 14, 2018 10:05 AM. All information deemed reliable but not guaranteed and should be independently verified.
