Prices Going Higher!

We are in the best time of year if you are a seller. Inventory is down 13.7% from this time last year and buyer demand will be at its peak for these next few weeks. Low supply and high demand = higher prices. Once we get to the end of April, buyer traffic will start its annual decline.

Prices began to move up starting in February and will hit the peak in the June time frame. Deals that are put together in April will be closing in May and June. Usually in July / August prices start to move down until we start the cycle all over again next spring.

If you’re a seller and wanting to maximize your sale price, now is the time. If you’re a buyer, it’s important to be prepared to move on a home quickly and be ready to come in strong with your offer and incentives if you really want the property.