Have you seen all the New Construction going up everywhere around the Upstate of South Carolina? We need extra housing that is a fact. However, I want to point out what it means to the seller's
Want to Sell Your Home? "Now is the Time!" Competition is Coming
Dated: 04/06/2019
Views: 92
Have you seen all the New Construction going up everywhere around the Upstate of South Carolina? We need extra housing that is a fact. However, I want to point out what it means to the seller's market we are experiencing, right now. The Multiple Listing Services are full of new construction listings. Homes that are yet to be built but coming soon.
Here is the information I found on this subject.
More inventory means more competition. Today, because of the tremendous lack of houses, a seller can expect:
- A great price on their home as buyers outbid each other for it
- A quick sale as buyers have so little to choose from
- Fewer hassles as buyers don’t want to “rock the boat” on the deal
With an increase in competition, the seller will not enjoy these benefits and the buyer will gain purchase power.
“As new construction continues to increase, home shoppers will eventually have more choices and a bit more time to make purchase decisions compared to today’s quick-moving housing market.”
If you are considering selling your house, it make sense to beat this new construction/competition to the market.
exert from article by Nayda Reyes "Simplifying the Market"
Roxane Pittman
Listening to you, and understanding your needs and wants is my top priority. I am committed to serving your residential real estate needs with the end goal being, you in a home you can be truly happy ....
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© 2019 The data relating to real estate for sale on this web site comes in part from the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Lisitngs Services of South Carolina, Inc. This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information.
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Data is updated as of April 19, 2019 11:55 AM.
