If you need assistance, please call 925-216-7720

There’s a Long Line of Buyers Waiting for Your House

Thursday, January 9, 2020   /   by Leticia Almaro Nicolini

There’s a Long Line of Buyers Waiting for Your House

There’s a Long Line of Buyers Waiting for Your House


There’s a Long Line of Buyers Waiting for Your House | MyKCM



If you’re following what’s happening in the housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted,



“Sellers tend to be more reluctant to list during the colder time of year when the market typically makes a seasonal slowdown.”



However, a recent report by ShowingTime reveals how this year is different. Buyer activity is way up compared to the same time last year. The report explains,



“The nation’s 12.6% growth in home showings compared to 2018 was the most significant jump in buyer traffic during the current four-month streak of year-over-year increases. The West Region saw the greatest growth in activity, with a 23.1% jump – the region’s greatest in the history of the Showing Index.”



The increase has spread across all four regions of the country, as the graph below shows:There’s a Long Line of Buyers Waiting for Your House | MyKCM


Winter is know as the sellers market because there is a high demand for homes from buyers and low inventory since most people are not willing to sell during the holidays. A seller’s market is a fantastic time to sell your home as you could secure a sale price that’s higher than your listing price, or at least more than your bottom line (the lowest price you’d be willing to accept for your home). If you’re buying a home in a seller’s market, be aware that the seller has the advantage. Don't leave a buyer in waiting.


Bottom Line


Waiting for the “spring buyers’ market” may be a mistake this year. It seems the purchasers are already out and looking to buy.


CONTRA COSTA AND ALAMEDA HOMES
Leticia Almaro Nicolini
975 Ygnacio Valley Rd
Walnut Creek, CA 94596
925-216-7720
DRE# 01155073 Broker, Realtor

Bay East© 2020. CCAR© 2020. EBRDI© 2020 Information deemed reliable but not guaranteed. This information is being provided by the Bay East, CCAR or the EBRDI MLS.
The listings presented here may or may not be listed by the Broker/Agent operating this website. Data Last Updated: September 28, 2020 The information being provided is for consumer' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright (year), Contra Costa Association of REALTORS. All Rights Reserved.
 photo combinedLogo_zps6tkjf92d.jpg © 2020 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Date and time last updated: 9/28/2020 10:34 PM CST Website provided by: HBN Media/Commissions Inc.
This site powered by CINC: www.cincpro.com