WHAT IS MY HOME WORTH?

HOW WOULD YOU MARKET IT TO GET THE BEST PRICE?
 
Today's market is rapidly changing.  With fewer foreclosures coming to the market, we are seeing those homeowner's with equity coming back into the market and coming back strong.  Many factors will determine the market value of your home. 

In many areas such as Benicia and American Canyon, we are seeing a resurgence of a sellers market.  Why?

1.     Interest rates are the lowest they have ever been.  4% on average.

2.    Limited homes for sale in these areas.  In a normal real estate market , we would see about six months of inventory on the market.  Meaning it would take six months to sell all of the homes on the market right now, if nothing else came on the market.

a.    In Benicia, that number is 2.3 months.

b.    In American Canyon, that number is 2.4 month.

c.    Hiddenbrooke has a 2.1 month inventory.

For sellers in these areas, this means that if you are thinking of selling, now is a great time, because supply is low and demand for your home would be high.

With low interest rates, buyers can buy more house at a lower payment.