Why It Makes No Sense To Wait For Spring To Sell

The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.

The supply of homes for sale dramatically increases every spring, according to the National Association of Realtors (NAR). As an example, here is what happened to housing inventory at the beginning of 2018:



Putting your home on the market now, rather than waiting for increased competition in the spring, might make a lot of sense.

Derek Veldhouse

Derek Veldhouse

ABR, RCC, CNHS

515-770-4100

dveldhouse@dsmhomes.com

https://www.derekveldhouse.com

www.dveldhouse.com

Licensed in Iowa

© 2020 Derek Veldhouse, Liz Doerring