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YTD 2019 Homes Sales Report for your review.

Monday, March 11, 2019   /   by Dixie Simon

YTD 2019 Homes Sales Report for your review.

It is really an interesting time in the market. Because inventory is low, those who have listed would seem to be able to charge higher prices for their homes and this is happening only because it is not Spring. When Spring hits, more and more people list their homes thinking this is the best time to do so. However, in Spring sellers have way more competition which drives prices down. The interesting point I want to make, is this. 

For buyers, many homes are being closed way over appraisal value which is a real deal breaker for the lenders. 40% of homes sold over-value are coming back on the market...due to financing. Not necessarily bad credit, but the home did not appraise at the high value. There are things you can do in the contracting process to protect yourself from this however, the fact of the matter is...Now is a fabulous time for both Buyers and Sellers. It is like the perfect zone to be in. Less competition for homes to be sold, but a lending market that keeps things in balance-as it should.

Don't let fear of the unknown stop you from moving forward. And sellers pricing right in the first place is critical. Greedy is never a good policy. Getting your best is. Very disappointing for a seller to have their home come back on the market after 20 days or so of thinking it sold. The highest offer isn't always the best. That is my job to help navigate and negotiate for you, so everyone has a Win/Win.

Feel free to contact me for more information. I LOVE Real Estate and at Haven Real Estate Group...Homes and People are our specialty. 

Talk Soon and remember to "Spring Forward on Sunday"

Dixie 


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Haven Real Estate Group
Cambria Henry
304 W Pacific Ave; Suite 360
Spokane, WA 99201
509-590-4701

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIMLS The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS® MLS. Real estate listings held by brokerage firms other than Haven Real Estate Group are marked with the IDX logo. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Haven Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Copyright 2019 of the Spokane Association of REALTORS® MLS. All rights reserved.