Last week’s economic reports included the post-meeting statement by the Fed’s Federal Open Market Committee along with readings on retail sales and inflation. Weekly reports on mortgage rates
Selling This Spring
Every seller wants to get the best price for their house. We learned in high school that the best price for any item will be determined by the demand for that item relative to the supply of that item.
We have reported that the inventory of houses for sale is well below normal numbers.
There is historical evidence that the demand for housing is about to increase dramatically. Each year, more homes sell in May, June, July and August than any other four months of the year. Here is a graph of home sales last year by month:
You want to make sure your house is available for sale during peak selling season. If you are thinking of selling this year, contact a local real estate professional today.