Though the real estate market has improved, we still have one item holding it back from a full recovery – a robust supply of homes for sale. Demand hasincreased dramatically. At the same time, housing inventoryis decreasingespecially at the lower price points.
TheNational Association of Realtors(NAR) recently revealed that there is apent-up seller demandcaused by the uncertainty created by the housing crisis of the last decade.
What does that mean to you?
Houses listed today sell quickly. With prices stillbelow peakvalues of 2007 in many parts of the country and mortgage interestrates at historic lows, this may be the perfect time for your family to make the move to the dream house you always wanted – whether that’s a larger home or that vacation/retirement home you have been looking at.
What does that mean to the economy?
Housing has always been an essential part of the U.S. economy. As we havereportedbefore, real estate not only provides housing for families. It is often the greatest source of wealth and savings for many. The recent increase in real estate sales has led to an increase in real estate prices. This has increased the value of everyone’s' home, whether they are selling or not. This leads to an increase in consumer confidence which in turn leads to an increase in consumer spending. Plus, each home sale automatically puts money into the economy.
NAR compiled data from research conducted by theBureau of Economic Analysis & Macroeconomic Advisorson the economic impact of a home purchase.
After reviewing thedata, they concluded that the total economic impact of a typical home sale in the United States is an astonishing $52,205.
The more homes that sell, the better the economy.
In order for the U.S. economy to get better, we need to sell more homes. Perhaps, it makes sense for one of those homes to be yours.
If you have considered selling but are still a little nervous, now might be the time to sit down with a real estate professional familiar with your market and see what your options truly are.
Author:Matt Watson Phone: 214-417-9171 Dated: April 21st 2015 Views: 685 About Matt: ...
View our latest blog posts in your RSS reader. Click here to access.
You're excited about your next big move: You want to buy, build or sell a home in central Dallas, the urban heart of high-style Texas living. But you don't want to fight with paperwork or negotiate details. You just want a real estate agent who can.
I'm Matt Watson. I've worked with young professionals looking for upscale, uptown residences as well as empty-nesters looking to scale down and kick back. I've sold condos, townhouses, lofts, high-rises and homes (historic and otherwise) all over Dallas. And I know how to make your real estate purchase or sale easy and hassle-free.
If you're buying a home, I will:
Help you find a residence that matches your lifestyle.
Give you instant access to the Dallas Multiple Listing Service.
Help you find financing that works.
If you're building a home, I will:
Help you locate the right building site.
Help you select the home style, size and amenities that fit your neighborhood.
Help you select a qualified builder and coordinate construction.
If you're selling a home, I will:
Price your property based on market conditions and your personal goals.
Help you enhance your home's market appeal.
Market your property to the right buyer, not just any buyer.
And whether you're buying a home or selling a home, I will:
Always be your advocate and work in your best interest.
Always give you the facts you need to make the right decisions.
Always negotiate the details and handle the paperwork.
It's that simple. Welcome to the Matt Watson way of doing business.
The #1 Reason to Put Your House on The Market TODAY!The National
"I have purchased two homes with Matt’s help in the last 9 years and both were great experiences. Matt is extremely knowledgeable about the areas we were interested in and never wasted our time with properties that were out of our desired area, price range or other important considerations. Matt is very honest and I appreciate that SO much – buying a home is a huge decision and I needed straight facts and no bull. I also know I can call Matt any time with questions and he will be there to help again. I would recommend Matt in a heartbeat, he is the real deal.
Staci Roy-Flick Hollywood Heights - East Dallas, TX