May Market Update
Hello all, Here is the latest market update, as we enter the spring and summer shopping season the market is picking up and there are quite a few buyers in the market. Sellers are seeing multiple offers and shorter market times, which means that sales prices will start to rise as more buyers enter the market. According to this article Home Sellers Are Pocketing More Money DAILY REAL ESTATE NEWS | FRIDAY, APRIL 28, 2017 Homeowners who sold in the first quarter realized an average price gain of $44,000 since purchase. That represents an average 24 percent of return on the purchase price, which is the highest average price gain for home sellers in terms of both dollars and percent returns since the third quarter of 2007, according to ATTOM Data Solutions’ First Quarter 2017 U.S. Home Sales Report. “The first quarter of 2017 was the most profitable time to be a home seller in nearly a decade, and yet homeowners are continuing to stay put in their homes longer before selling...