It may be winter but expect the housing market to start really heating up this spring. According to a recent article on Realtor.com by Clare Trapasso, housing prices are predicted to continue to rise in 2018. There are a couple of factors behind these prices increases including an all time low inventory and an increase in prospective buyers.
The most in-demand properties are single-family houses under $300,000. They're usually on the market for a week—if that.
The combination of these factors has created a very interesting market. If you have been searching for a home to buy you may have noticed that houses priced correctly aren't staying on the market very long, especially homes around or under $300,000. The lack of inventory has caused buyers to be more aggressive with their offers in fear of getting out bid on a property. While many sellers have received offers over asking price.
In any market it is important to have people working for you who you can trust. At Kingdom First Realty we are committed to focusing on you and your needs and not our commissions. If you have been thinking about selling your home, now maybe the time. Give us a call (732) 482-1500, or contact us with the form below. We would be honored to be part of your journey!