5 Unwritten Home-Selling Etiquette Rules
That Can Make or Break Your Sale
Selling a house takes, well, salesmanship. In other words, you have to prep your house so it looks its best. You have to open your door to strangers who'll traipse through your home, open closets, and ask all kinds of questions. And, you have to do all of this without getting annoyed or overly emotional!
To help clue you in to some moments that might test even the mellowest home seller, here are five home-selling etiquette rules that often trip people up. Keep these in mind to ensure that you don't annoy your listing agent, or scare off that special buyer…READ MORE
Home-Price Growth Slows Heading Into Spring
The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 4.3% in the year ending in January, down from 4.6% the prior month. Slower price growth, along with lower mortgage rates and a growing inventory of homes for sale, are all potentially good news for …READMORE
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The Current Miami Springs Market
Despite all the activity during the first 3 months of the year:
- Increased inventory to 42 active listings
- Of the 42 active listings, more than half, (22) are listed over $500,000.
- 2 Listings are over $1,000,000.
- 9 Listings under $400,000
- Twenty two (22) active listings have had a price reduction. What does this mean? Usually, the property was overpriced from the beginning. The sellers are recognizing the market is changing. Prices are not increasing as fast as the last several years. Sellers don’t want to miss potential buyers and deal with increased competition.
The Miami Springs & VG markets continue to be very strong. The demand is high for properties under $400,000. There are only 9 listings under $400,000. How long will this sellers’ market last? Experts say a shift is on the way.
Sellers that haven't been able to sell their property should really evaluate their position in the market and adjust accordingly based on their circumstance. Prices remain strong. Interest rates are low. Timing is everything.
During the period of March 29, through April 5, 2019 there were 7 new listings, 5 closed sales, 3 pending sales, 1 expired listing, 1 cancelled listing. There are still very good buying opportunities for buyers especially since interest rates remain very good. IT REALLY IS A GOOD TIME TO BUY OR SELL.
Low Inventory + Low Interest rates + Increasing prices = Sellers Market.
The Market will change. Act Now!
The table below shows the current status of the Miami Springs/VG real estate market as of Friday, April 5, 2019. All closed sales are within last 90 days.
HOW DOES YOUR HOUSE COMPARE?
*Disclaimer: The data relating to real estate displayed on this website and the chart above comes from the Miami Board of Realtors MLS. All listing information is deemed reliable but not guaranteed and can be independently verified.
A complete list of all the properties for sale in Miami Springs or any other area of Miami-Dade County can be sent to you on regular basis. Request it at: firstname.lastname@example.org
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