You have heard these words before. It's a sellers market! It's a buyers market!
What does that even mean?
Right now, November 2017, in the Metro Phoenix area, we are in a sellers market. That means there is very few listings on the market. Why does this matter? In a buyers market, the buyer has multiple places to pick from. In a sellers market though, the seller has multple buyers to pick from.
In the highly sought after subdivison, Ashland Ranch, in Gilbert they currently have 3* house for sell. That might not seem that bad but considering the subdivison has 667 houses in it, I would say that is extremely low for that subdivsion.
What does that mean for you though? Let me tell you. If you have been thinking of selling your house, now is the time to do it. Most people think that with the holiday season upon us the Real Estate market slows. The truth is this time of year is amazing for sellers! Everyone is either having company over which means your house is already "showing ready." Or, you will be travel this time of year which means your agent has more oppoutunity to show your house and sell it. Noone but your realtor needs to know that you are out of town. It is the perfect time to list your house, decorations and all! And that new updated kitchen you have been wanting? Why not make it your gift to yourself in your new home.
Don't wait until it is a buyers market and you are having to compeat with your neighbors. Corner your market, the time is now!!!
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*Please note that the number given as an example is the number of houses on the market at the time this blogpost was writenon 11/20/17 @ 5:30pm
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