Why It Makes No Sense to Wait for Spring to Sell

The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.

The supply of homes for sale dramatically increases every spring, according to the National Association of Realtors (NAR). As an example, here is what happened to housing inventory at the beginning of 2018:

Why It Makes No Sense to Wait for Spring To Sell | MyKCM

Putting your home on the market now, rather than waiting for increased competition in the spring, might make a lot of sense.

Bottom Line

Buyers in the market during the winter are truly motivated purchasers and they want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.

Why You Should Move to Utah

Why You Should Move to Utah

Suburbs of Salt Lake City are booming with new homes. Low unemployment and tech sector growth fuel migration. Affordable pricing compared to West Coast states. Access to skiing, hiking, and national parks. Ideal for families seeking active, balanced lifestyles.

Is Utah Real Estate Finally Cooling Down?

Is Utah Real Estate Finally Cooling Down?

Utah Real Estate prices remain high, but the pace of growth has clearly slowed in recent months. Median monthly mortgage payments in Utah have dropped, improving affordability for first-time homebuyers. Listings are up across Utah, giving buyers more options and...

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