It is common knowledge that a large number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year.
The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring, as compared to the rest of the year? The National Association of Realtors (NAR) recently revealed the months in which most people listed their homes for sale in 2016. Here is a graphic showing the results: Continue reading
By Alain Pinel, General Manager of Intero Prestigio international, Intero Real Estate Services, Inc.
So long 2013! It was a nice year in real estate, but it’s behind us. Now we have 2014 to deal with. What are we going to do with it? I repeat: “What are WE going to do with it”? It is, after all, up to us. Right? Too many buyers & sellers have been frozen in place all of last year, unclear as to what to do-when-how & why. I guess they were overwhelmed by a constant flow of contradictory news about the economy, so they chose to wait & see. Too bad, both sides would have substantially benefited from acting on their first impulsion.
The good news is, there is always another year. Here it is. We’ll give those would-be buyers and sellers another chance!