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Thinking of putting your Western MA home on the market? Do it NOW!
If you have been thinking of putting your home in Western MA up for sale you might want to move your timeline up to right now.
Common thought is the best time to sell your home is in the Spring, most people think April and May are the right time. Following that timeline may not be your best plan.
There are several factors at play that make now a great time to get your home on the market:
Listing inventory is at a serious low level. There are not many houses available and that means the buyers have less selection. New inventory that is priced appropriately will get a larger percentage of “screen time” for these buyers.
According to a post by Keeping Matters Current, “The January National Housing Trend Report from realtor.com now reveals that inventory in January has decreased another 6.7% month over month and 8.7% year over year. This is occurring at the same time that buyer activity (demand) remains strong.”
The next piece to this puzzle is the buyer activity. Mortgage activity is on the rise with a fresh pool of buyers getting ready to hit the market in March. As reported by CNBC in their story about the rising mortgage applications, ” Spring generally brings more sellers to the market, but so far Realtors are not seeing enough new listings at affordable prices to meet the demand. ”
Buyers who are out looking right now are very motivated and serious about a home purchase. They may need to purchase before they lose their low interest rate or perhaps are relocating. Whatever the reason, they want housing NOW and there isn’t enough inventory to satisfy the current demand, much less the buyers in the wings who are getting pre-qualified now.
Waiting until the traditional “spring market” will mean there will be more homes on the market to and your edge will be reduced.
So, snow or no snow, these signs point to NOW being a really great time to get a jump on the competition and get your Western MA home sold.
If you would like a free, no obligation home value analysis, please contact me:
Lesley Lambert, REALTOR with Park Square Realty 413-575-3611
Short Sale Approval in Southwick, MA 01077 by Lesley Lambert, Southwick REALTOR
My day started off great with an email telling me that a short sale that I have been working on since this summer was APPROVED!
This is wonderful news for me, certainly, but it is important and wonderful for better reasons. Watch this short video to learn my thoughts:
If you, or someone you know, may benefit from exploring a short sale as a solution to an upside down mortgage situation, please have them reach out to me. I will take care of their situation from the heart with every effort to help absorb the stress.
Lesley Lambert, REALTOR with Park Square Realty and short sale specialist. Call or text: 413-575-3611
The Spring Real Estate Market is Already in BLOOM in Westfield, MA!
The weather over the past month in Western MA has been getting a lot of people down. It is difficult to stay positive when it keeps snowing and temperatures are at an all time low, but I was inspired to try to turn a positive spin on the looming snow banks in Westfield, MA!
Armed with spray bottles and food colored water, my friend Julianne Krutka and I headed out the front doors of Park Square Realty to spread a little spring cheer to the residents of Westfield, MA!
I decided to issue a challenge to the residents and business owners of Westfield to get them involved. Here is my video throwing down the gauntlet:
Within a couple of hours residents started posting their artwork:
This was a fun way to spend some time outdoors on a sunny winter day. Let me know if you get inspired to create some spring artwork in the snow!
If you want to join the Westfield Community Forum on Facebook and post your pictures THIS IS THE LINK.
Lesley Lambert, Westfield REALTOR with Park Square Realty 413-575-3611
Real Estate Market Report for Ridgecrest, Westfield, MA 01085 February 2015
Are you curious about what homes are for sale in the Ridgecrest neighborhood of Westfield? Perhaps you would like to know what homes have sold in Ridgecrest?
Get all of that information plus more in this Real Estate Market Report for Ridgecrest, Westfield, MA 01085 updated February 2015.
For more information or to be notified when Ridgecrest real estate market reports are updated CLICK HERE.
