
The weather in New Jersey, like other parts of the country has been odd. Sunny & warm, reaching 70 degrees on March 1st, 2017 & then quick bursts of snow in between. Oddly enough, we have a blizzard forecasted for this Tuesday March 14th. |
What does this do for the housing market? Well for one, although inventory has been remarkably low, now, due to inclement weather, open houses won’t be as fully attended as they are in milder weather. This will most likely delay offers & sales from proceeding as they usually do at this time of year, causing a stagnation in the absorption rate (the time it takes for a property to sell in a particular town).
The result will be more inventory on the market going forward, than typical numbers we commonly see during the months ahead.
While more homes on the market fairs well for buyers, it can make competition for the seller more robust. What can the savvy seller do, you ask?
Well for starters, get your home listed sooner, rather than later & secondly…
Spruce up the yard!
Take this time to make exterior repairs, upgrades, embellishments, fortify the flora & fauna of your landscape. Add shrubs, mulch, lighting, prune, trim, hedge.
This is the time to get your home’s exterior in order, give it that curb appeal or make jaws drop, before they even reach the front door.
If you are thinking about selling & want an out of the ordinary realtor, who puts you first & sees to it that your real estate plans are attained, call Beverly Knapp.
201-800-2119
bevknapp1@gmail.com