🏠 The Housing Market is 🔥 HOT! List with US! (Puerto Vallarta)
información de licencia:AMPI Nelson Jones Real Estate
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Seller's Real Estate Markets
A hot real estate market is the best financial market in which to sell. Why? Because there are more buyers than houses available to buy.
In a seller's real estate market, serious buyers are often willing to pay more than the list price. This means you can probably sell your home quickly, and quite possibly for more than you ask for it. If your market is sizzling hot, you might be able to demand that buyers waive appraisals and inspections, although it's always a good idea to let a buyer have a home inspection.
Signs of a seller's market include:
Inventory is very low as compared to previous months/years.
Comparable sale prices are lower than active listing prices.
More buyers are purchasing, resulting in higher closed sale numbers.
Median sale prices are increasing.
Real estate ads are vanishing.
"For sale" signs are up for a few days before a "sale pending" or "sold" sign is attached.