Specializing in Chesterfield VA Real Estate Services

Housing Analysis

Months Supply Of Housing Inventory

What does months supply mean in the real estate world?  Month supply means if no other home were to come on the market for sale, based on the current active listings vs sold listing it would take so many months to sell the current inventory. To put this in perspective 0-4 Sellers market.  More buyers than homes to put them in. 4-6 Normal market.  Neither a buyer or sellers market. 6 and above...

How to Get The Most Money When Selling Your Home

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER...

How to Get the MOST money from the Sale of Your Home

Every homeowner wants to make sure they maximize the financial reward when selling their home. But, how do you guarantee that you receive maximum value for your house? Here are two keys to insuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER...

Homeowners’ Tough Decision: Off the market, FSBO it or List?

At the end of the year, in every region of the country, hundreds of homeowners have a tough decision to make. The ‘listing for sale agreement’ on their house is about to expire and they now must decide to either take their house off the market (OTM), For Sale by Owner (FSBO) or list it again with the same agent or a different agent. Let’s assume you or someone you know is in this situation and...

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