GDHomes

𝚆𝚒𝚝𝚑 𝚕𝚘𝚠 𝚒𝚗𝚟𝚎𝚗𝚝𝚘𝚛𝚢, 𝚊𝚗𝚍 𝚑𝚒𝚜𝚝𝚘𝚛𝚒𝚌𝚊𝚕𝚕𝚢 𝚕𝚘𝚠 𝚒𝚗𝚝𝚎𝚛𝚎𝚜𝚝 𝚛𝚊𝚝𝚎𝚜, 𝚝𝚑𝚎 𝚑𝚘𝚞𝚜𝚒𝚗𝚐 𝚖𝚊𝚛𝚔𝚎𝚝 𝚒𝚜 𝚎𝚡𝚙𝚎𝚌𝚝𝚎𝚍 𝚝𝚘 𝚌𝚘𝚗𝚝𝚒𝚗𝚞𝚎 𝚝𝚘 𝚜𝚝𝚊𝚢 𝚜𝚝𝚛𝚘𝚗𝚐 𝚝𝚑𝚛𝚘𝚞𝚐𝚑 𝚝𝚑𝚎 𝚛𝚎𝚖𝚊𝚒𝚗𝚍𝚎𝚛 𝚘𝚏 𝟸𝟶𝟸𝟷.

Here are a few current market trends, as well as insight into where the market may be headed:

▪️ Prices = High. 𝙒𝙞𝙡𝙡 𝙘𝙤𝙣𝙩𝙞𝙣𝙪𝙚 𝙩𝙤 𝙘𝙡𝙞𝙢𝙗, 𝙖𝙩 𝙖 𝙨𝙡𝙤𝙬𝙚𝙧 𝙥𝙖𝙘𝙚

▪️ Inventory = Low⁣. 𝙒𝙚 𝙝𝙖𝙫𝙚 𝙨𝙚𝙚𝙣 𝙖 𝙨𝙡𝙞𝙜𝙝𝙩 𝙪𝙥𝙩𝙞𝙘𝙠, 𝙝𝙤𝙬𝙚𝙫𝙚𝙧 𝙞𝙩 𝙞𝙨 𝙨𝙩𝙞𝙡𝙡 𝙖 𝙨𝙩𝙧𝙤𝙣𝙜 𝙨𝙚𝙡𝙡𝙚𝙧'𝙨 𝙢𝙖𝙧𝙠𝙚𝙩

▪️ Interest rates = Even lower⁣. 𝙏𝙝𝙚𝙮 𝙬𝙞𝙡𝙡 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙚 𝙨𝙡𝙞𝙜𝙝𝙩𝙡𝙮, 𝙗𝙪𝙩 𝙨𝙩𝙞𝙡𝙡 𝙖𝙩 𝙧𝙚𝙘𝙤𝙧𝙙 𝙡𝙤𝙬𝙨

⁣▪️ Days on market = Measured in hours, not days⁣. 𝙒𝙚 𝙬𝙞𝙡𝙡 𝙗𝙚𝙜𝙞𝙣 𝙩𝙤 𝙨𝙚𝙚 𝙢𝙤𝙧𝙚 𝙥𝙧𝙞𝙘𝙚 𝙙𝙚𝙘𝙧𝙚𝙖𝙨𝙚𝙨 𝙖𝙣𝙙 𝙝𝙞𝙜𝙝𝙚𝙧 𝙙𝙖𝙮𝙨 𝙤𝙣 𝙩𝙝𝙚 𝙢𝙖𝙧𝙠𝙚𝙩 𝙬𝙝𝙞𝙡𝙚 𝙨𝙚𝙡𝙡𝙚𝙧𝙨 𝙖𝙙𝙟𝙪𝙨𝙩 𝙩𝙤 𝙩𝙝𝙚 𝙨𝙩𝙖𝙗𝙞𝙡𝙞𝙯𝙞𝙣𝙜 𝙢𝙖𝙧𝙠𝙚𝙩

If you have questions about what’s happening in your neighborhood, reach out! I would love to answer any questions you have or provide a free market analysis. Your home could be worth more than you think!

𝙸𝚝'𝚜 𝚊 𝚜𝚎𝚕𝚕𝚎𝚛'𝚜 𝚖𝚊𝚛𝚔𝚎𝚝, 𝚜𝚘 𝚠𝚑𝚢 𝚒𝚜𝚗'𝚝 𝚖𝚢 𝚑𝚘𝚖𝚎 𝚜𝚎𝚕𝚕𝚒𝚗𝚐?

▪️ 𝗧𝗵𝗲 𝗣𝗥𝗜𝗖𝗘 𝗶𝘀 𝗻𝗼𝘁 𝗿𝗶𝗴𝗵𝘁.
One main reason a house can sit on the market longer is that it is priced "outside of the market". The ultimate deciding factor of the value of your home is 𝘸𝘩𝘢𝘵 𝘢 𝘣𝘶𝘺𝘦𝘳 𝘪𝘴 𝘸𝘪𝘭𝘭𝘪𝘯𝘨 𝘵𝘰 𝘱𝘢𝘺. If you priced your home on the high end with the hopes of getting a lower offer, you are probably missing out on a majority of buyers looking for homes in your actual price range. Pricing your home competitively will attract more buyers and drive up demand. The rule of thumb is that if you are getting showings, but no offers, you are 5% overpriced, whereas If you are not getting showings or offers, you are likely 10% overpriced. Buyers in today's market are savvy and have a lot of ways to do research. They know how much a home is worth by looking at home valuation sites like Zillow, and they won't even go see a home that they believe is overpriced.

▪️ 𝗬𝗼𝘂 𝗱𝗼𝗻’𝘁 𝗹𝗼𝗼𝗸 𝘆𝗼𝘂𝗿 𝗯𝗲𝘀𝘁 𝗼𝗻𝗹𝗶𝗻𝗲.
I always say that your first showing is always online. If you don’t have professional photos, or your home wasn't prepared well, you’re not creating interest in your home (or enough that will get the buyers off their couch and into your home!)

▪️ 𝗖𝗼𝗻𝗱𝗶𝘁𝗶𝗼𝗻.
There is a lot of competition out there to sell homes. Even in a competitive seller's market, the more you can do to make your home look appealing to a buyer, the better your chances for a quick sale at the best price. There are a few things you can do before you list that will make a small impact in your wallet, but a large impact in the eyes of a buyer. This includes a fresh coat of paint and new flooring.

𝗧𝘆𝗽𝗶𝗰𝗮𝗹𝗹𝘆 𝗵𝗼𝗺𝗲𝘀 𝗱𝗼 𝗻𝗼𝘁 𝘀𝗲𝗹𝗹 𝗱𝘂𝗲 𝘁𝗼 𝗽𝗿𝗶𝗰𝗲, 𝗽𝗿𝗲𝘀𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻, 𝗼𝗿 𝗰𝗼𝗻𝗱𝗶𝘁𝗶𝗼𝗻. 𝗜𝗳 𝘆𝗼𝘂 𝗮𝗿𝗲 𝗻𝗼𝘁 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝘀𝗵𝗼𝘄𝗶𝗻𝗴𝘀 𝗼𝗿 𝗼𝗳𝗳𝗲𝗿𝘀, 𝗶𝘁'𝘀 𝘁𝗶𝗺𝗲 𝘁𝗼 𝗿𝗲-𝗲𝘃𝗮𝗹𝘂𝗮𝘁𝗲.

ᴍᴏɴᴅᴀʏ ᴍᴏᴛɪᴠᴀᴛɪᴏɴ ✨

You are the writer and the editor of your life. YOU have the choice to decide what direction your life takes. Our world is made up of stories, and if you don't like the one you're in, 𝚠𝚛𝚒𝚝𝚎 𝚊 𝚋𝚎𝚝𝚝𝚎𝚛 𝚘𝚗𝚎.