Puyallup Communtiy and Real Estate News

Happy Friday……

Thinking about selling your home?  Now might just be a great time to get your home on the market, in front of the Spring/Summer rush.  According to experts in the local Real Estate business, the real estate market is “starving” for good homes!  Plus, did you know…the Seahawks run to the Super Bowl affected home listings and sales?

Per the Northwest Multiple Listing Service brokers reported 507 fewer pending sales during February than the same month in 2013, but members believe the 6.5 percent decline isn't due to a shortage of buyers. "If we just had enough homes to sell we would easily be outpacing last year's pending numbers," said Mike Gain, CEO and president of Berkshire Hathaway HomeServices Northwest Real Estate. "Locally, we are literally starving for inventory," he added.

Another industry leader pointed not only to a "severe shortage of homes for sale" in the most sought-after price ranges, but also to the fan frenzy surrounding the Seahawks as a factor in the setback of sales. "The Seahawks' run to the Super Bowl affected sales," reported J. Lennox Scott. Since the Super Bowl Championship game, he said listing activity has picked up, resulting in brisk sales activity for the new, but still limited inventory.

If you or a friend is interested in selling a home, I would be happy to prepare a comparative market analysis to see what your home would be worth, recommend some pre-sale staging ideas, and list your home for sale!  Give me a call at 253-377-9367 or email me at janet@firstpointre.com to get started!