There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their home for sale. The only thing they might want to consider is... If it hasn't sold yet, there is a possibility that their home is overpriced.
After all, 15,014 houses sold yesterday, 15,014 will sell today and 15,014 will sell tomorrow.
15,014 is the average number of homes that sells each day in this country according to the National Association of Realtors'. NAR reports that sales are at an annual range of 5.48 million. The report from NAR also revealed that inventory that is available for sale, is at a historical low. This means that there are not enough homes available for sale to satisfy the buyers who are searching for a home in todays market.
At The LUXE Group Global we realize that you want to get the fair market value for your home, however if your home has not sold in today's active real estate market, perhaps you should reconsider your current asking price. Call The LUXE Group Global at 386-299-4043 if your home has not sold within 60 days of being on the market.
Photo Courtesy of Lisa Gordon and IStock