Over the last couple of months the most often asked question I have been hearing is “why should I sell my Tooele County home this fall”? If I’m going to get to answering them, I’d better hustle. Fall is almost over, and it looks like the market may be shifting. But: Here is a post designed specifically for folks considering whether to sell their Tooele County real estate.
Thanks to our friends @ Keeping Current Matters who sent us some great material last week. Were going to add some comments and pass it on. I hope it will answer most of the questions you or other home sellers have.
- Housing inventory is still under the 6-month supply that is needed for a normal housing market.
- Buyers are often competing with one another for the listings that are available.
- Perhaps the time has come for you and your family to move on and start living the life you desire.
- Inventory of “sweet spot” priced homes ( Homes for sale in Tooele County $200,000 to $300,000 Listing price.) below norms.
- Inadequate supply drives up prices.
- Rapid price reduces qualified buyer pool.
- Current fierce competition discourages offers with contingencies.
- More “clean offers” to deal with.
- Supply less than 6 month of inventory. ticking upwards.
- Risk of values decreasing as inventory creeps towards the 7 month supply territory.
- Fewer housing selection means faster sale.
- Minimizes risk of overpricing.
- Lets market competition set value and fair market price.
- Seller can be more selective regarding showing times.
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