WHAT IS A SELLER'S MARKET?

Almost everyone has heard the term"Seller's Market" and wondered what that meant.  This term means what it says...it's a good time to sell.  Here are a few factors that helps to make it that way:

*Lower Inventory of homes for sale

*Lower or reasonable interest rates

*Strong local economy

*High population influx into an area

*Increasing home prices

*Diverse area economic base

*Increasing area employment base

Some of the reasons that can additionally contribute to when a Seller should consider putting their home up for sale are the following:

1.  Weather is generally better in the higher selling months because it is easier for potential buyers to be out looking for homes and moving. Conversely it is better to list your home during the winter months if you are in a sunny Winter Resort home area.

2.  Families prefer to move when the children are out of school.

3.  More homes sell between the months of May through September than are sold the other seven months of the year.

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