See the latest market report for our area.
From Our From Our July 2017 Newsletter:
NEGOTIATIONS AND REAL ESTATE
When it comes to a real estate transaction, whether you're a buyer or a seller, everything is negotiable. For many couples and individuals, a house or property will likely be the largest asset they ever own, which is why when it comes to the actual transaction, negotiating is incredibly important. Negotiating in real estate is more than just deciding on the sale price of a property or who will cover closing costs, and some negotiations will probably happen after the sale agreement is signed. Every aspect of a property can be negotiated, and it will be important to come to the negotiation table ready for anything.More info here.
Inventory Still Inadequate in Central Mississippi Real Estate Market
WE NEED MORE LISTINGS. HOMES ARE MOVING SO QUICKLY, WE CANNOT HOLD ON TO OUR INVENTORY! And, on top of that, fewer sellers are entering the market this year than last. As a result, qualified buyers are sitting and waiting for homes to come available.
For months now, our best listings, priced reasonably and well-prepared for the market, have been going under contract in a matter of days, and sometimes in just hours. In 2017, there have been fewer homes to sell.
With many consumers who have now recovered from losses they suffered in the early part of this decade returning to the market, and with first-time buyers continuing to move into the market in larger numbers, we have the potential for a continued robust market.
Bottom line: Buyers are out there. BUT THERE IS NOT ENOUGH TO BUY!
So a note to all you potential sellers: If you want to take advantage for this situation, NOW is the time to call us and meet with us. You stand the best chance in several years of getting TOP DOLLAR and A QUICK SALE if you ACT NOW.
Don’t forget: We go the extra mile to help our clients prepare their homes for sale, price them right, stage them well; and we invest wisely in professional photography, video and effective online marketing. Also, experience our new 3D walk-through tour technology, Matterport: https://my.matterport.com/show/?m=X3exSBMVRTM Call us now. 601-664-6980.
Buyers: Interest rates have begun to creep higher. Homes are STILL selling in days. Demand STILL exceeds the supply of ready-to-sell homes. New financing and closing regulations mean longer waits between contract and closing, so don’t assume you know what to expect. A lot has changed – in 2010, and again in October, 2015, so if you have not been in the market in several years, you’ll find our buyer orientation programs useful and beneficial. Also, buyers need the freshest, most accurate info on homes for sale to take advantage of sometimes brief windows of opportunity when the right home hits the market. And, that’s what The Hetrick Team does well. We make sure our buyer clients are ready to buy—prepared, poised and ready to go. Our buyers stay a step ahead of the market. Call us now. 601-664-6950.
As we have been for over 19 years, we are here to help. Just give us a call or drop us a line.
© 2001-2017 Reliance Network and RE/MAX Mississippi.
All rights reserved. US Reg. Copyright TX-5-910-991, TX-5-910-992, TX-5-910-993, and TX-5-910-994.
Each RE/MAX® Office is Independently Owned and Operated. Equal Housing Opportunity.
The Miracle Home® Program, exclusive to RE/MAX LLC., allows a RE/MAX Associate to make a donation on behalf of each transaction to Children's Miracle Network. The partnership underscores Sales Associate involvement in the communities in which they live and serve. RE/MAX Sales Associates are unique in that a majority of the donations received by Children's Miracle Network from RE/MAX are the result of Associates' hard work rather than solicited from customers.