Buyer Traffic is Strong in New Mexico
Everyone knows that the best time to sell anything is when demand is high and supply is low. The National Association of Realtors (NAR) just released two major reports showing that now continues to be an ideal to sell your home.
REALTORS® CONFIDENCE INDEX
Every month, NAR surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions.” In May the index continued to show that demand for homes outpaced supply.
The map below illustrates buyer demand broken down by state (the darker your state, the stronger the demand is there). As you can in New Mexico, buyer traffic remains strong.
Takeaway: Demand for housing continues to be strong throughout 2017, but supply is struggling to keep up, and this trend is likely to continue into 2018.
If you are going to sell, now may be the time to take advantage of the ready, willing, and able buyers that are still out searching for your house.
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Get your Morning Inspiration with the Sandi Pressley Team
When you sell your house, you obviously want the best price for your home with minimal hassles, and of course, actually getting your home sold. To do this, you should realize how important it is to use a real estate professional.
In today’s Market in Albuquerque, some homeowners might be thinking about selling their home on their own. This is known as For Sale by Owner (FSBO). But there are a number of reasons why this may not be the best idea is you’re planning on selling your home in Albuquerque.
