If you are thinking of listing your home for sale in Tahoe Keys, now is the perfect time. The major housing crisis is finally in the background and Tahoe Keys real estate sales are up, along with their value. Not to mention, distressed sales are the lowest that have been in over 8 years. This is all great news for those looking to buy real estate in Tahoe Keys, except the lack of housing inventory. This last spring and summer saw a lot of frustrated buyers as a majority found themselves in the midst of a bidding war. NAR (National Association of Realtors) has stated buyer demands continue to be the strongest it has been in years. Because the supply of homes has been so low and sellers haven’t been able to keep up with the demand, the prices have gone up making it hard for buyers to get into a home for sale in Tahoe Keys. So why is it a perfect time for you to put your Tahoe Keys real estate for sale on the market? Check out these great reasons.
Fall and winter is usually a slowdown in the market as everyone recoups after the warm real estate season, enjoys the holidays and prepares to get back in the Tahoe Keys real estate game after the first of the year. However, there are still some very serious buyers waiting to snag that dream home for sale in Tahoe Keys.
You have less competition during this time of year. While housing inventory was tight and there was a lot of competition among buyers, some homes still didn’t move. This gives you the edge that you may not have had just a few months ago.
Interest rates aren’t the only thing that is low right now. Major household items like appliances, carpet, paint, etc. are usually marked down or buyers can tap into some pretty great specials. Buying a home is expensive enough, but if there are repairs or replacements that need to be made, this time of year is the best time to do it.
Inventory is unlikely to get better for another couple years or so when new construction can catch up with the growing demand of housing needs. With labor markets and job growth getting healthier and stronger, there are more buyers out there who want to buy and simply cannot get into a home.
If you have been thinking of listing your Tahoe Keys real estate, give me a call to discuss your options.
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