What is a sellers market?

    Since the real estate crash in 2006, the market has been a buyers market. There has been a good selection of homes for sale, and the buyers could have a feast. Sellers had to lower their price to make their home competitive with other homes for sale, or postpone selling. As the inventory of homes drops lower, and the people in the market to buy increases, the market turns and becomes a sellers market. There are not as many homes available, so the sellers can be more selective to get a higher price, and from the most qualified buyer. I have seen many homes get multiple offers, and often selling for much more than asking price. That seems to be true in todays market. Today, there are only 585 homes available to purchase in Palm Coast, Florida. That is down from the almost 2000 homes a few years ago.
    Sellers, its your turn to reap the rewards of homeownership. Its been a long time coming for you, so call a RE/MAX Select Professional today, and let us run the numbers for you.

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