Inventory is at an all-time low and now is the time to take advantage. The average list price in the FM area is up 7.8% year over year. The average sales price is up 18% year over year! Crazy returns in a short amount of time. Average days on market are down 28% meaning homes are flying off the shelves! Active listings are also down 28% from last year meaning all eyes are going to be on your home. You do have options when it comes to where you're going, check them out below.
1. Rent until you find exactly what you're after.
After the sale there are plenty of homes out there you can rent especially in the FM area.
this gives you time with the limited inventory to pick and choose what you're after and it
will make your offer way more attractive than the majority since you have nothing else to sell.
2. Build That Custom Home.
Building that custom home you've always wanted can take some time, especially with product delays but that's ok because you've already taken the first step of collecting the profits from the sale of your home.
3. You May Find the Exact Home You Want to Hit the Market.
Making it a simple move can also be an option, take the money and roll it over. Take advantage of the lower rates now and keep the payment affordable which in turn gets you more houses now than it will later in the year as long as rates keep climbing.
Conclusion
There will always be a reason to move or not move. When it's such a crazy sellers' market there are ways to time it right, make it work and get exactly what you're after. Reach out to me today and lets me get you the lifestyle you're after!
Tyler Bretz, Licensed REALTOR
