Housing inventory is low nationwide which means there are fewer homes for buyers to choose from.
There were 15.7% fewer homes for sale this March compared to 2019 according to realtors.com March Housing Report.
Nationally, homes sold in 60 days in March-
four days more quickly than last year!
Median listing prices are up nationally at $320,000, 3.8% higher than 2019. If economic conditions worsen, the pool of buyers might shrink and home prices could drop.
Why wait to sell when prices are possibly going to drop?
This year's smaller inventory means that buyers who waited to buy may have a smaller selection to choose from.
Interest rates have hit a new low and are expected to remain low throughout the year.
Additionally, there are many trends in the market showing good signs for sellers!
I would highly suggest to consider posting your home as a Compass Private Exclusive.
This will allow you to market your home to 15K+ agents in the Compass Community, but keep your privacy to the market at large.
Reasons you may consider to sell your home as a Private Exclusive:
• New job or relocation
• Family changes like marriage or divorce
• Evolving financial circumstances
• Health issues
• Valuable belongings like art or furniture
• Opposition to holding open houses
Read more about Private Exclusives !
The safety of my clients and communities are of the utmost importance to me.
During these uncertain times, Compass is offering a completely virtual home selling and buying experience.
From digital marketing, to virtual showings, to inspection, to closing, we have the resources at Compass to bring you through the entire transaction virtually.
Get in touch to learn more about the exclusive Virtual Agent Services I can offer, including:
• Virtual Open Houses
• Interactive Home Tours
• Virtual Neighborhood Walks
• Live Postcards
• Real-Time Digital Marketing Insights
However, should you feel the need to show your home to prospective buyers in person, I have the tools necessary to confidently guide you through a safe process!
Angela von Detten is as passionate about Los Angeles living as she is about finding your unique dream home. Contact Angela today to get started on your journey.Contact