There are many great Northwest Indiana area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation
so you know what buyers will pay for your home in today's market. You
may also call me at (219) 531-1111 for a FREE home buying or selling
consultation to answer any of your real estate questions.
What You're Missing This Winter
I get the question all the time: "When is the best time to sell?" The answer is simple: whenever you NEED to sell is a great time to do so! If it happens to be the winter, then so be it!
There
are actually a lot of great reasons to sell during the winter months.
If you've been thinking of waiting until spring, think again - EVERYONE is waiting for spring! There
is much less competition during the holiday season, so you will be able
to get your home much more exposure than usual. Another benefit of
selling during this time is the buyers out there now are serious - they are out there because they have to be!
If
you're interested in taking advantage of these fantastic conditions,
give us a call or shoot us an email. We would love to help you in any
way possible!
How we helped Molly sell her home by doing whatever it took to get the job done
"Bart has sold every one of our homes. Recently, he sold an over half a million dollar home in 5 weeks! Even though Bart does have people working for him, we requested to work directly with him and he was very willing to meet our request. He did whatever it took! I really just can’t say enough good things about him to be honest. He met with us whenever we wanted, he came and took the pictures for us, and he just did everything! I’m always his number 1 fan because he’ll do anything it takes to make his clients happy. I’m forever grateful and I wouldn’t use anyone else!"
-Molly Stewart, Home Seller
Is It a Buyer's or Seller's Market in Northwest Indiana?
There are many great Northwest Indiana area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (219) 531-1111 for a FREE home buying or selling consultation to answer any of your real estate questions.
A question we get asked all the time is: "Is it a buyer's market or a seller's market?" Buyers always think it's a buyer's market and sellers always think it's a seller's market - which, of course, is impossible. So, where are we right now?
When I said it can't be a buyer's and seller's market at the same time, I wasn't being completely honest. Who the market favors depends on the price range, condition, location, and type of the home in question.
Our market is getting close to being balanced once again. After the crash we had a buyer's market that raged for about four years, before inventory tightened up. Now, when it comes to inventory that is priced properly, in a certain price range, and in a desirable area of Northwest Indiana, we are seeing a seller's market.
Homes that are $250,000 and under are selling a lot faster than homes priced above that range. Regardless of price range, pricing your home properly is crucial, as around 80% of homes on the market are overpriced. The 20% of homes that are priced appropriately sell quickly! When buyers see that your home is reasonably priced, you'll get offers on it sooner and sell it for closer to the list price than if you overprice it.
When homes sit on the market for an extended period of time, especially in this market, it is a sign that the home is outdated, overpriced, and in an unfavorable location. In these scenarios, it could be a buyer's market. Again, whether it's a buyer's or seller's market is dependent on the circumstances! I'm predicting we'll see better and better products sell much faster next year. When homes are properly priced and in good condition, we're seeing a seller's market - most homes outside of that range are seeing a buyer's market. Plain and simple.
If you have any questions about conditions in your area, don't hesitate to give me a call! I would love to discuss your options with you and determine the best course of action. Hope to hear from you soon!
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