If You Are Thinking of Selling Your Naples Home You Should Act Now!
Thinking of Selling Your Home in Naples This Season? If you thought about selling your house this year in Lely Resort or the greater Naples area, now may be the time to do it! The inventory of homes for sale in Naples is well below historic norms. Buyer demand is skyrocketing. Feel free to read our Naples Buyers Guide. the link is here.
The Law or Supply and Demand
Thinking of Selling Your Home in Naples This Season? We were still in high school when we learned about the concept of supply and demand. Therefore we understand that the best time to sell something is when the supply is low and demand is high. That defines today’s real estate market in Naples, Florida today.
Lawrence Yun, Chief Economist at the National Association of Realtors, recently commented: “Contract signings inched backward once again last month, as declines in the South and West weighed down on overall activity.”Yun goes on to say:
“The reason sales are falling off last year’s pace is that multiple years of inadequate supply in markets with strong job growth have finally driven up home prices to a point where an increasing number of prospective buyers are unable to afford it.”
In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction, including the inspection, appraisal and financing contingencies. Taking this into account, Now is a great time to sell your home in Lely Resort and the great Naples area.
Thinking of Selling Your Home in Naples This Season? If so as a potential seller, you are in the driver’s seat right now. It might be time to hit the gas. Glenna Froelich is a licensed REALTOR® with Premiere Plus Realty. Glenna has 13 years of professional experience serving home buyers in the Naples and Lely Resort area. Read what some of Glenna's customers have to say about their experience working with her.
Feel free to connect with me for a FREE consultation and receive a FREE no obligation CMA Report Today!