Bringing the American Dream Home to You

Buying, selling, building or relocating, I have dedicated 30 years to excellent service in all area's of residential real estate.

As a real estate professional at CBSHOME Real Estate, I understand the importance of working with a real estate agent that is responsive, connected, confident, energetic and skilled. I am surrounded by like-minded real estate agents and supported by a company that understands the customer’s needs in an ever-changing real estate market.

Are You Thinking of Selling Your Home? Competition Is Coming!

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May.

How will this impact buyers?

More inventory means more options. Mark Fleming, First American’s Chief Economist, explained that this is good news for the housing market – especially for those looking to buy:

“The continued year-over-year growth in completions means more homes on the market in the short-term, offering some immediate relief in alleviating housing supply shortages.”

How will this impact sellers?
More inventory means more competition. Today, because of the tremendous lack of inventory, a seller can expect:

1. A great price on their home as buyers outbid each other for it.
2. A quick sale as buyers have such little inventory to choose from.
3. Fewer hassles as buyers don’t want to “rock the boat” on the deal.

Bottom Line
If you are considering selling your house, you’ll want to beat this new competition to market to ensure that you get the most attention on your listing and the best price for your house.

"Professionally representing Baranko Custom Homes who has been custom building in the metro area for over thirty years. The quality and precision of craftsmanship will insure that you enjoy your Baranko Custom Home for years to come. Call Karen and Joe Gehrki today for areas and home plans available."