Housing Inventory Hits New Low

by HOLLY HURD

U.S. Housing Inventory Hits a New Low…

List Your House TODAY!

Every summer, families across the country decide if this will
 be the year they sell their 

current house and move into their dream home.

Mortgage rates have hovered around 4% for all of 2017, forcing
 buyers off the fence and into 

the market, resulting in incredibly strong demand RIGHT NOW!! At the same

 time, inventory levels of homes for sale have dropped dramatically
 as compared to this time last year.

Trulia reported that “U.S. home inventory has tumbled 8.9% over the past year 

and has now fallen for nine consecutive quarters.” There is now
 20% less inventory than there was five years ago.

Here is a chart showing the decrease in inventory levels by category:

Bottom Line

Demand for your home is very strong right now while
 your competition (other homes for sale) is 

at a historically low level. If you are thinking of
 selling in 2017, now may be the perfect time.

Holly Hurd~
Is a REALTOR with Berkshire Hathaway Home Services
Northville, Michigan 48167
#1 Firm in MICHIGAN
hollyhurd@hotmail.com
Sell / Buy a home in Northville,Michigan register today at:
www.Northvillehomes4sale.net
Holly Hurd ~
Living in the Northville, Michigan area for 40+ years , Holly Hurd is 
graduate of Northville High School, Schoolcraft College, Michigan State 
then raising her own family here Holly Hurd has first hand
 knowledge and knows the area quite well.

Please feel free to contact her for all your real estate needs
 #homerocks#YourHomeNorthville Michigan Real Estate Homes
 for sale in Northville Michigan Northville, Mi. 48167 #realtor 
#realestate#realestatemarket #realestateforsalemi #hometown 
#hollyhurd #home#homesforsale #historicnorthville
 #buy #buyingahome#buildingahome #buyrealestate
 #condo #northvillemi #sellyourhome#sellingyourhome 
#smalltown #shop #bhhs
 #berkshirehathaway#moveinmichigan 
#greattimetobuy #puremichigan #SOLD 

Great Reasons to Sell Your Home NOW - During the Holiday Season

by HOLLY HURD

Every year as we head into the holiday season from Thanksgiving to New Year, many homeowners decide to wait to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are six great reasons not to wait:

1. Relocation buyers are out there. Companies are not concerned with holiday time and if the buyers have kids, they want them to get into school by January 1. 

2. Purchasers who are looking for a home during the holidays are not tire kickers.  They are serious buyers and are ready to buy.

3. You can restrict the showings on your home to the times you want it shown. You will remain in control.

4. Homes show well when decorated tastefully for the holidays.  This is probably not the year for the live nativity on your front lawn, but a wreath and an appropriately sized tree make a home warmer. 

5. There is less competition for you as a seller right now. 

6. The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will continue to surge reaching new heights in 2017, which will lessen the demand for your house.

7. The interest rates have finally started to move.  Any increase in the interest rate either increases the amount of the monthly mortgage payment for the buyer or reduces the price they are willing to pay for your home.  The Fed is threatening to raise rates in December. Don't wait till the spring and get less than you expected for your home. 

Holly Hurd~
Is a REALTOR with Berkshire Hathaway Home Services
Northville, Michigan 48167
#1 Firm in MICHIGAN
hollyhurd@hotmail.com
Sell / Buy a home in Northville,Michigan register today at:
www.Northvillehomes4sale.net
Holly Hurd ~
Living in the Northville, Michigan area for 40+ years , Holly Hurd is graduate of Northville High School, Schoolcraft College, Michigan State then raising her own family here Holly Hurd has first hand knowledge and knows the area quite well.
Please feel free to contact her for all your real estate needs #homerocks#YourHomeNorthville Michigan Real Estate Homes for sale in Northville Michigan Northville, Mi. 48167 #realtor #realestate#realestatemarket #realestateforsalemi #hometown #hollyhurd #home#homesforsale #historicnorthville #buy #buyingahome #buildingahome#buyrealestate #condo #northvillemi #sellyourhome #sellingyourhome#smalltown #shop #bhhs #berkshirehathaway #moveinmichigan#greattimetobuy #puremichigan #SOLD