The Good News…We’re On IT!
The Other News…It’s A No Joke, No Time For Bozos Real Estate Market.
Selection Is Excellent For Buyers. Competition is Fierce For Sellers.
Buyer’s Market Conditions Rule Above $500,000.
Official and Indisputable.
To succeed in this slow selling market we must take aggressive action.
Facts To Consider.
383 (45%) of the 863 Active Listings have had at least one price reduction.
Average Number Of Days On Market for unsold active listings is 91. 61 Days On Market for homes closed in April.
On average, homes sold for 95% of the Original List Price in April.
The total number of Listings Placed Under Contract in April were down 31.29% compared to April 2015.
Sellers and agents with homes priced over $500,000 are operating in a Buyer’s Market .
Sellers: Competition for qualified buyers between you, other sellers and new home builders is fierce. To succeed in a buyer’s market will require focused attention. Choosing a hardworking Pro is more important than ever. Interior and exterior merchandising is more important than ever. Crisp, attractive property information marketing and world wide internet broadcasting is more important than ever. Choosing a realistic pricing position is more important than ever.
Buyers: Selection is excellent. Mortgage rates are favorable. It’s a Buyer’s Market above $500,000.
Real Estate Pros: This is a market where Pros shine and dabblers drown. Make consistent contact. Share, serve, solve and simplify. Followup. Follow through. Hustle. Be an action oriented and promise keeping. Be a positive leader. Buyers and sellers need Pro agent representation more than ever. Forward march.
Click HERE to download and view The Woodlands Home Sales Report – April 2016
If we can be helpful, don’t hesitate to call, text or eMail.
Ken Brand | Ken@KenBrand.com | 832-797-1779
About ken@kenbrand.com
Ken is the General Sales Manager for The Woodlands Area Marketing Center for Better Home And Gardens Real Estate Gary Greene.
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Paradox. Surprise. Uncommon Sense. Irony. ELBs. Impressions. Observations. Less Blah Blah-More Ah-Ha.
If I can be helpful, call, text or eMail - Ken Brand | 832-797-1779 | Ken@KenBrand.com.
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