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You are here: Home / Sedona AZ Real Estate / Thinking of Selling? You Should Act NOW!

Thinking of Selling? You Should Act NOW!

July 18, 2017 By Troy

Thinking of Selling? You Should Act NOW! | Simplifying The Market

If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.

Lawrence Yun, Chief Economist at the National Association of Realtors, recently commented:

“Buyer interest is solid, but there is just not enough supply to satisfy demand. Prospective buyers are being sidelined by both limited choices and home prices that are climbing too fast.”

Yun goes on to say:

“Current demand levels indicate sales should be stronger, but it’s clear some would-be buyers are having to delay or postpone their home search because low supply is leading to worsening affordability conditions.”

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.

Bottom Line

As a potential seller, you are in the driver’s seat right now. It might be time to hit the gas.

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Filed Under: Sedona AZ Real Estate Tagged With: Sedona real estate

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Sedona AZ Real Estate Broker Susan Deierling, ABR, CRS
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Northern Arizona
Sedona AZ
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Sedona AZ Homes for sale Troy Deierling ABR CRS
Realty Executives
Northern Arizona
Sedona AZ
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troy@sedonaemail.com

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Contact Susan

Sedona AZ Real Estate Broker Susan Deierling, ABR, CRS
Assoc. Broker
RE/MAX Sedona
Sedona AZ
(928) 451-6098 mobile/text/VM
(888) 494-0470 (US & Canada)
susan@sedonaemail.com

Contact Me | About Us

Contact Troy

Sedona AZ Homes for sale Troy Deierling ABR CRS
RE/MAX Sedona
Sedona AZ
(928) 202-0700 mobile/text/VM
troy@sedonaemail.com

Contact Me | About Us
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The data relating to real estate for sale on this website comes in part from the Sedona Verde Valley Multiple Listing Service (MLS). Listing broker has attempted to offer accurate data but is not guaranteed accurate by the MLS. All information presented is deemed reliable but not guaranteed. IDX is provided exclusively for consumer's personal, non-commercial use; and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use outside of this purpose is prohibited.