Market Advantages, But To Who?

The market shifts everyday, and one of the trends I follow is the renal market. Why? As rents increase, and inventory shrinks it is providing a verity of opportunities. The kind of opportunities out there include condo rentals, or increased sold listings under $175k. With condo rentals, those renters turn to buyers some day. But more and more those long term renters are becoming buyers and buying those houses under $200k. That is great for the market.

What about a seller? Traditional sellers have a tough road to tow, short sales and foreclosures dragging them down. This trend is easing, but will not stop for some years. However, the opportunities are listing your home for sale right now. I know what you are saying, "I'm losing too much money to sell my house", but are you?

We need to get sellers out of the mode of loss of equity as a cash they already had in their pocket, but as monies that was on paper not realized. Now, if you have put $60k in your house on a project, that is actual funds lost should you not get it back in your sale. However, loss of equity is not cash out of pocket, you never held it, or saw it.

The sellers advantage now, is listing your house. Listing are down 18.7% over this time last year, that is OPPORTUNITY. Good house, priced correctly, less competition, equals higher sales price. How about that formula?

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