Wednesday, March 11, 2020

2020 Real Estate Market Comes In Like a Lion!




March is always an interesting time in 
Northern Michigan.  We are in that season "between" where there's just not enough snow or cold weather to enjoy winter activities but warmer days, cherry blossoms, and getting the docks in are still a ways off.  Typically it's a month where we start to get very busy talking to sellers about listing their properties come spring.  More than any year I can remember, we really need that inventory!  

We're coming out of our best January ever, had a strong February, and are on track to set another monthly sales record in March.  This was really unexpected with the middling weather keeping a lot of people from coming up north, but we're thrilled to see it and confident the momentum will continue into spring.  

The only thing holding the market back is a severe lack of inventory.  We've sold many of the listings we carried into the fall and are scrambling for ANYTHING to show potential buyers.  It's created a perfect scenario for sellers looking to take advantage of the strong market and maximize their sale price.  If you, or anyone you know is considering the sale of their property, there's never been a better time to sell in many of our markets.

Please contact a HomeWaters agent near you to find out the best way to ensure you make the most of the strong market.  We have a number of strategies that allow us to help sellers overcome some of the common concerns with listing their property: the thought of dozens of agents and their clients trampling through the house, figuring out the timing to ensure it works with a possible next purchase, and just dealing with the unknowns that are a part of any sale are all factors we can overcome with smart strategies and realistic expectations.  

Most of the forecasts we're looking at are calling for an early, warm spring.  Don't wait to contact your HomeWaters agent!  Learn more about all of our agents and brokers by clicking HERE.  We've assembled some of the finest agents in the business, all servicing their own local territory where they are the "go to" expert in their region. 

No comments: