CHECK OUT THE NEW BUCKSBLOGSPOT. HELP FOR BUCKS COUNTY BUSINESSES AND ECONOMIC RECOVERY – BUCKSBLOGSPOT

    Spotlight: Kathleen Layton, BHHS Fox & Roach Realtors

    Real estate continues to be called the “bright spot” in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale!  For a balanced market where there are enough homes for sale to meet buyer demand, there needs to be six months inventory. We are at a 1.9 month supply. If the trend continues, this will continue to slow potential buyers. 

    Selling your house when the fewest number of homes are available is what puts you in the driver’s seat. With today’s high buyer traffic and low inventory this power combination makes now the optimal time to sell. The imbalance in the housing market positions this season as the best time to make your next move. 

    A question heard over and over is “Where will we go?” First, you may have more equity in your home than you realize. Use it to make your move while interest rates are still low or get your cash out now to move on! The tricky part is to coordinate your sale with securing your new home. Kathleen has ways to make that happen! As 2021 progresses and the pandemic hopefully falls behind us, there will be more houses coming on the market. Don’t wait for competition to increase in your neighborhood. 

    Have a conversation with Kathleen to talk about strategies to address your concerns. A full time Realtor® for 26 years and resident of Newtown Borough, she can help you secure the best price and terms and help you navigate this unprecedented market. Contact her today with any real estate questions you may have. You may be pleasantly surprised and it could be the best decision you make!

    PHOTO CAP: Kathleen & Spencer have advice for Sellers

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