Friday, June 25, 2021 / by Barbara Oleska
We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those who are ready to do so. Whatever the move you want to make looks like, here’s an overview of what’s creating the prime opportunity to sell this summer.
High Buyer Demand
Demand is strong, and buyers are actively searching for homes to purchase. In the Realtors Confidence Index Survey published monthly by the National Association of Realtors (NAR), buyer traffic is considered “very strong” in almost every state. Homebuyers aren’t just great in number right now – they’re also determined to find their dream home. NAR shows the average home for sale today receives five offers from hopeful buyers. These increasingly frequent bidding wars can drive up ...
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Friday, May 28, 2021 / by Barbara Oleska
Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid costly mistakes and win big when you make a move.
1. Price Your House Right
When inventory is low, like it is in the current market, it’s common to think buyers will pay whatever we ask when setting a listing price. Believe it or not, that’s not always true. Even in a sellers’ market, listing your house for the right price will maximize the number of buyers that see your house. This creates the best environment for bidding wars, which in turn are more likely to increase the final sale price. A real estate professional is the best person to help you set the best price ...
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Friday, May 7, 2021 / by Barbara Oleska
The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market is for more listings to come on the market. However, many homeowners are concerned that selling their homes could be challenging for several reasons.
Recently, Homes.com released the findings of a survey that identified these concerns, as well as what it will take for homeowners to feel comfortable selling their houses. Here are the four major homeowner concerns and a quick explanation of what’s actually happening in the housing market today.
1. Homeowners don’t know if they’ll be able to secure their next home before selling.
In negotiations, leverage is the power t ...
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Tuesday, April 6, 2021 / by Barbara Oleska
So many of my Flamingo buyers are loving amenities and flocking to the Bridges communities! I'm watching the numbers everyday and can we say roasty, toasty market over on the west side? As of this moment there are a total of 12 resale homes available and 34 pending sales. What does that mean? Based on pending sales we have about 2 weeks of inventory. It's supply and demand.
Seven Bridges
For Sale 3
Pending 16
The Bridges
For Sale 9
Pending 14
Boca Bridges Resale (New Homes still Available - Call me!)
For Sale 0
Pending 4
Prices seem so high and my buyers ask me how much should homes cost in the Bridges communities. I can't give a blanket answer because it depends on so many factors which include size, age, style, view, etc. Another important question is in which collection is the home located? All of the Bridges communities have four collections priced from entree through premium. How close the home is to 441, Lyons, or the Turnpike matters, too.
How a home i! ...
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