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.
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