Top Reason to List Your House For Sale Now!

ImageProxy.mvc.jpeg

If you are debating listing your house for sale this year, here is the #1 reason not to wait!

Buyer Demand Continues to Outpace the Supply of Homes For Sale

The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage: “While feedback from REALTORS® continues to suggest healthy levels of buyer interest, available listings that are move-in ready and in affordable price ranges remain hard to come by for many would-be buyers.” The latest Existing Home Sales Report shows that there is currently a 5.1-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market and well below November 2014 numbers. The chart below details the year-over-year inventory shortages experienced in 2015.

ImageProxy-1.mvc.jpeg

Bottom Line

CALL me so that I can show you the supply conditions in Central Florida and assist you in gaining access to the buyers who are ready, willing and able to buy now!

Why should you SELL your home?

home-away-gardens-4-lgn

We are in a serious time of #home inventory shortage in the #Orlando market for and we need homes to sell. If you are considering selling your home – NOW is the time. You will reap the financial rewards and maximize your investment. I know the concern is finding a home to purchase, but there are always rentals until the right home comes on the market for you.

When homes are in showing condition, priced right and in a desirable area, you will SELL for top dollar. Don’t hesitate – the market is waiting for you.

Meet Linda…

IMG_2998

I am an award winning REALTOR recognized by the National Association of Realtors for trend setting technology work. I also have an extensive and successful career helping people buy or sell a home.

This website offers a different perspective than most. I would like you to be informed when it comes to buying or selling real estate. Please browse through this site as I share some of my real estate knowledge with you and if you need any additional help, just contact me. No obligation, of course.

In fact, I could fill this space with a multitude of awards and accolades but I would rather you know that I love God, family, friends, and my life. I am happy, optimistic, and grateful. I really love a good laugh. As the mother of three daughters, you really need to know how to laugh!

I have over 25 years experience selling real estate in Central Florida as well as being a personal coach and trainer to real estate agents working at a luxury real estate firm. I know what it is like to establish a happy home and I wish the same for you. I definitely think experience is the most valuable currency in real estate.

Thanks for stopping by and I stand ready to work for you.

http://about.me/lindahutchinson

When is it a Good Time to Rent?

No-Rent-KCM

People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.

The Census Bureau just released their second quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

Median Asking Rent Since 1988 | Keeping Current Matters

At the same time, a report by Axiometrics revealed:

“The national apartment market’s annual effective rent growth rate of 5.1% in June 2015 represented a 47-month high, and continued a streak of 5.0%-plus rent growth that is now the longest in at least six years, according to apartment market research. The effective rent growth in June 2014 was 3.7%, putting June 2015’s exceptional performance into perspective.

This is the highest rate since the 5.3% of July 2011. The metric has reached at least 5.0% for five straight months, the longest such streak since Axiometrics started monthly reporting of annual apartment data in April 2009.”

Where will rents be headed in the future?

Stephanie McCleskey, Axiometrics vice president of research, commented on the above report in an article by Real Estate Economy Watch:

“Rent growth is just shy of the post-recession peak, and the June metrics reflect the continued strength of the apartment market. The demand for apartments is still strong, despite the record number of new units being delivered this year. Tight occupancy is why landlords can push rents higher.”

Bottom Line

If you are ready, willing and of course able to buy, now may make sense.