The #1 Reason To List Your House, NOW!

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that sales rose 0.7% month-over-month, but remain 1.5% lower than they were a year ago. Some may look at these numbers and think that now is not a good time to sell their house, but in fact, the opposite is true.

The national slowdown in sales is directly tied to a lack of inventory available for the buyers who are out in the market looking for their dream homes! The inventory of homes for sale has fallen year-over-year for the last 28 months and has had an upward impact on home prices.

NAR’s Chief Economist Lawrence Yun had this to say,

“Home sales in recent months remain at their lowest level of the year and are unable to break through, despite considerable buyer interest in most parts of the country.

Realtors® this fall continue to say the primary impediments stifling sales growth are the same as they have been all year: not enough listings – especially at the lower end of the market – and fast-rising prices that are straining the budgets of prospective buyers.” (emphasis added)

The houses that are on the market are selling fast, too! According to NAR’s Realtors Confidence Index, the median number of days it took for a house to go from listed to under contract over the past three months was 34.

Bottom Line

If you are one of the many homeowners who is debating listing your house for sale this year, the time is now!

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4435 Petaluma Ave Lakewood California
1196 N Viceroy Ave
Covina California
715 E Acacia Ave
Glendale California
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1531 Sandefur St
Duarte California
304 W Jeffries Ave Monrovia California
17101 Melon Ave Fontana California
1756 Shady Oaks Ct Azusa California

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Homes Sold in 2015

 408 Almond AV Monrovia, CA- Represented Seller  *Sold in 3 Days*

414 E. El Sur Ave Monrovia, CA- Reresented Buyer/Seller  *Sold In 2 Days*

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 318 Linwood Ave Monrovia, CA – Representing Seller    ** Sold in 3 Days**

Homes Sold in 2016

 

941 Willow Ave La Puente, CA Representing Seller *Sold in 15 Days*

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233 E Greenhaven Ave Covina CA-Representing Seller *Sold in 24 Hours*

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13101 Melon Ave Fontana Ca- Representing Seller *Sold in 7 Days*

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715 E Acacia Unit E Glendale CA- Representing Seller *Sold in 3 Days*

425 Kenoak Ave Covina CA- Representing Buyer

4449 Levelside Ave Lakewood CA- Representing Seller *Sold in 8 Days*

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Homes Sold in 2017

9354 Benson Ave Montclair- Representing Seller *Sold in 8 Days*