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Upswing in home sales

Anyone selling a home in Western New York appears to be in a good spot right now. Home sales are up, prices are up, and inventory is down. The latest figures (And I mean LATE. Home sales They're just releasing October sales figures! ) from the Buffalo Niagara Association of Realtors show a 23 percent jump in the number of homes sold and a 4 percent jump in median price.

Pent up demand, attractive prices and those super low interest rates are forming a perfect storm for home sellers. Of course, it all comes down to pricing. Does your house ever sell for what you think it is worth?

- Grove Potter

 

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