Are You Thinking Of Selling Your Home? Competition Is Coming!

When you make the decision to enter the housing market, as either a buyer or a seller, make sure you look for an agent who exemplifies these values and will help you through every step of the process.  Whether you are a rookie homebuyer or have gone through the process many times, having the local real expertise of the Stovall Team -who is well versed in the neighborhood you are looking to move to, as well as the trends of that area, should be your goal while home shopping.

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May.  More inventory means more options. Mark Fleming, First American’s Chief Economist, explained that this is good news for the housing market – especially for those looking to buy:  “The continued year-over-year growth in completions means more homes on the market in the short-term, offering some immediate relief in alleviating housing supply shortages.”

How will this impact sellers?

More inventory means more competition. Today, because of the tremendous lack of inventory, a seller can expect:

1. A great price on their home as buyers outbid each other for it.
2. A quick sale as buyers have such little inventory to choose from.
3. Fewer hassles as buyers don’t want to “rock the boat” on the deal.

If you are considering selling your house, you’ll want to beat this new competition to market to ensure that you get the most attention on your listing and the best price for your house.  Meet with Stovall Team and we can show you the supply conditions in your neighborhood and assist you in  gaining access to the buyers who are ready, willing, and able to buy right now!    In today’s competitive atmosphere, you need a professional on your side who not only knows the exact conditions in your market but can also help you take the steps you need to in order to secure your new home!  Now, more than ever, who you work with  matters!  Our primary goal is to deliver the highest level of service available to each and every one of our clients.  We strive to make each of our listings the best they can be. We are always willing to go the extra mile for our clients. Call the Stovall Team  today reached at 714.343.9294 Visit stovallteam.com