Cutting through all the noise about the real estate market.

Can you still sell your house successfully in today's market? What the media is saying, and what you see on the news regularly, is that the market is grinding to a halt and that we're potentially heading for a crash. However, the reality is that we're still in a seller's market. Today, I’ll share the reasons why that’s the case:

1. Inventory nationally is incredibly low. This is also true locally, in the Beaufort County market. What you might hear is that our month's supply of inventory is up 50%, but the truth is that our month's supply of inventory is only 1.8, meaning if we sold all of the houses on the market today, it would take 1.8 months to sell. This defines a seller's market. A balanced market, on the other hand, generally has six months' supply. It will take some time to build up inventory again. 

“If you're selling your house today, pricing and presentation are incredibly important.”

2. Showing activity and buyer demand are still very strong. It is not where it was in 2020 or 2021, but we are above pre-pandemic levels. If you look at the graph at 1:22 in the video, you’ll see that showing activity and demand for homes are still very strong. 

The bottom line is: If you're selling your house today, pricing and presentation are incredibly important. An expert advisor can help you through that process and help you reach a successful outcome. If you ever have any questions about this, or you're looking for a strategy on how to get your home sold for top dollar in today's market, I’m here to help.

Call or email me anytime.