Tuesday, October 25, 2011

Why Fewer Homes for Sale Benefits You

In the thirteen counties that comprise the MIBOR Broker's Listing Cooperative (BLC) area, there are about 15,600 homes for sale.  That sounds like a lot, doesn't it?  But consider that at this time in 2007, there were 21, 241 homes for sale!  That's a lot more competition...to drive prices downward and to make any imperfections in a house a reason for buyers to look instead at the house down the street. Today's numbers are comparable to the home inventory of 2004, and are moving in the right direction. 
And on a seasonal basis, fall is a good time to list your home due to less competition.  The potential buyers out there now tend to be more serious and more qualified.  With less homes to choose from, your home can stand out even more.

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