Those paying attention to the housing market may know there is a severe shortage of homes for sale in our area. In fact, we have not seen an inventory this low since December of 2003.
If you’ve been thinking of selling but are turned off by the rumors of low sales prices, you may be in for a surprise. Buyers are out there, and their biggest complaint is a lack of quality homes on the market. The result? Buyers are competing over homes they love, and sellers are benefiting from multiple offers, which can drive sales prices up.
Higher sales prices aren’t the only benefit of today’s selling market. Homes are also selling quickly as buyers snap up the properties they love.
If you’re wondering what your home may be worth now, let us help with a free home value estimate. There’s no pressure to list, and no obligation to hire an Edina Realty REALTOR® - just an honest analysis of what your home may be worth in today’s current marketplace
Equal Housing Lender | Prosperity Home Mortgage, LLC may operate as Prosperity Home Mortgage, LLC dba Edina Realty Mortgage in Minnesota and Wisconsin. ©2024 Prosperity Home Mortgage, LLC dba Edina Realty Mortgage. (877) 275-1762. 3060 Williams Drive, Suite 600, Fairfax, VA 22031. All first mortgage products are provided by Prosperity Home Mortgage, LLC. Not all mortgage products may be available in all areas. Not all borrowers will qualify. NMLS ID #75164 (For licensing information go to: NMLS Consumer Access at http://www.nmlsconsumeraccess.org/) Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. Licensed by the Delaware State Bank Commissioner. Georgia Residential Mortgage Licensee. Massachusetts Mortgage Lender and Mortgage Broker MC75164. Licensed by the NJ Department of Banking and Insurance. Licensed Mortgage Banker-NYS Department of Financial Services. Rhode Island Licensed Lender. Rhode Island Licensed Loan Broker. Rhode Island Licensed Third-Party Loan Servicer. Also licensed in AK, AL, AR, AZ, CO, CT, DC, FL, ID, IL, IN, KS, KY, LA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV and WY.