News And Information From By Whaley & Associates

Get Ready for the Hot Fall Market

adobestock 359186787Traditionally, the spring market is prime time for real estate agents and brokers, with homeowners in many markets aiming to roll out their listings in time to greet throngs of eager buyers. However, COVID-19 shutdowns in mid-March put a crimp in a lot of plans, causing many sellers to cancel their listings in favor of a more cautious, wait-and-see approach to the market.

Now, the pent-up demand on both the buyer and seller sides appears to be driving a late market renaissance and analysts are predicting an unusually active fall market. This has implications for both buyers and sellers. The good news is that this rare fall market offers the perfect opportunity to make your 2020 real estate dreams a reality.

What the 2020 fall market means for buyers.

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Fall Financial Checklist

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For many, autumn is the best time of year. The return of cool breezes, comforting foods, and pumpkins can be invigorating. It’s also a bookmark of sorts, especially for your finances—a perfect time to take stock of your spending after the summer’s over to see what lies ahead. These tips can help you make simple, sensible choices and take action to make the most of your money, from your food choices to your financial options to protecting your most valuable assets.

Bask in the Bounty

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Why Now Is the Right Time To Sell Your Home

success6If you were considering putting your home up for sale in time for the 2020 spring market you could be forgiven for deciding that this was just not your year. For sellers in markets across the country, the ensuing shutdowns put a damper on their plans, causing them to delay listing their homes for the foreseeable future. Now, however, the real estate market has held steady and many new listings stay on the market for just a few days or, in some cases, hours. Here are just a few of the reasons that there has really never been a better time to put your home on the market in order to take advantage of this unique opportunity.

Low inventory

Even before the first days of 2020 and the COVID-related shutdowns that followed, record low inventory was being anticipated in markets all over the country. In fact, for years now municipalities have been struggling with housing shortages. Tight markets have been driving up prices, making it difficult for first-time homebuyers and lower-income buyers to find a starter home. The advent of COVID put those shortages into overdrive.

In a variety of markets, low inventory has become the norm, leading to multiple offer situations and frustrated buyers willing to pay well over asking price in order to secure a home in their chosen community. This issue hasn’t been limited to the most desirable in-town luxury buildings and neighborhoods, either. As more homeowners seek larger homes and outdoor spaces to ride out COVID-enforced shutdowns, even suburban and rural markets are seeing a boost in both prices and demand.

Eager buyers

Read more: Why Now Is the Right Time To Sell Your Home

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Keller Williams Realty
License Number: #01417209
Office: (760) 473-8060

6005 Hidden Valley Rd.
Carlsbad,CA 92011

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Brad & Maya Whaley
Whaley & Associates
Bradley Whaley CA DRE# 01369165 & Y. Maya Whaley DRE# 01393491

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