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This is a Great Time to Sell Your Home!

November 22nd, 2016 · Leave a Comment

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If you’re thinking about putting your home on the market, there is good news. Now is a great time to sell.

Homebuyer activity is up. Inventory is low and prices continue to rise. Limited inventory is energizing a sellers’ market, according to University of Central Florida economist Sean Snaith.

“The fundamental underpinnings of the housing market in Florida continue to improve,” Snaith wrote in the Florida & Metro Forecast, 2016-2019, citing strong job growth and increasing population trends in Florida.

“Florida is behind the curve on new home construction and shrinking inventories of existing single-family homes for sale is fueling double-digit price appreciation,” said Snaith, a national expert in economics, forecasting, market sizing and economic analysis who authors quarterly reports about the state of the economy.

The real estate market’s supply and demand opportunities are evident in the latest data from the Northeast Florida Association of Realtors. Read more at Berkshire Hathaway HomeServices Florida Network Realty’s blog, Ask Florida Network, here.

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