Thinking of Selling Your Tucson Home? Read This NOW!

Dated: April 28 2020

Views: 303

Thinking of Selling Your Tucson Home?  Read This NOW!

Rise to the Top of the Pool by Selling Your House Today | MyKCM

What Would A Qualified Buyer Pay For Your Tucson Home? Click Here to Find Out

With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate agents noted that sellers are not dropping listing prices to attract more buyers.

Lawrence Yun, Chief Economist at NAR, noted: 

“The housing market faced an inventory shortage before the pandemic. Given that there are even fewer new listings during the pandemic, home sellers are taking a calm approach and appear unwilling to lower prices to attract buyers during the temporary disruptions to the economy.”

This inventory shortage, which spread widely throughout the housing market going into today’s economic slowdown, created an environment where there were not enough homes for sale for those who wanted to buy them. With that backdrop setting the stage, Yun also notes:

“With the current quarantine recommendations in place, fewer sellers are listing homes, which will limit buyer choices.”

So, with buyer choices already limited going into this season, and more sellers removing listings today, if you’ve been thinking about listing your house, it’s a great time to do so. Many others in your neighborhood may be waiting to make a move or removing their listings, so staying on the market – or jumping into it – could work to your advantage.

Buyers today are serious ones, and with prices holding steady in this low-inventory market, you can feel confident about selling today. Embracing the process virtually, where available, could help your house hit the top of an eager buyer’s list. While your neighbors miss out on this opportunistic time, you don’t have to.

In Tucson, the number of Active Contingent homes has increased 62% over the last four weeks which means there are still a lot of active buyers out there searching and putting offers in on homes.. even with the low inventory.

If you're thinking of selling in 2020, this could be your perfect time.

Bottom Line

If buyer choices are limited in your neighborhood, selling now may help your listing rise to the top of the pool. Let’s connect today to make sure you have the expert help you need to succeed in the selling process.

Be sure to follow us on Instagram @SellTucson!  We post tons of great homes and have introduced a lot of people to what makes Tucson really awesome!

Like us on Facebook and be sure to catch our latest market update videos there.

Ready to start your home search?  Head on over to DarciDunn.com and start a custom search based on what YOU want!

Have any questions, just call or text me at 520-444-0344

Be sure to subscribe to my blog for updates.  :)

And follow me on webtalk.co/paul.dunn

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Darci Dunn

I began this AMAZING journey in real estate in 1994 as a Wholesale Mortgage Funder and quickly rose to become the Funding Manager of a National Wholesale Mortgage Company. Having that experience al....

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