While the appraisal gap widens, another trend is also becoming more common.According to�realtor.com,��the share of homes which had their prices cut increased by 2% compared to last year�. Thirty-seven out of the 50 largest US housing markets saw an increase in overall price reductions.

KonMari, house prep, real estate, house for sale

The percentage of sellers who have hired real estate agents to sell their homes has increased steadily over the last 20 years. Real estate agents are trained and experienced in negotiation while, in most cases, the seller is not.

For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Florida Real Estate

Existing Home Sales�slowed to an annual pace of 5.21 million home sales in March.Low inventory levels are still impacting home sales! The current month's supply of homes for sale is 3.9-months.Median home prices were up 3.8% over last March at $259,400. This marked the 85thconsecutive month with year-over-year price

With a strong economy, low interest rates, and wages continuing to rise, some homeowners will be ready to put their house on the market and move up to the home of their dreams!�There is a great opportunity for sellers to take advantage of the current real estate market before new inventory comes to market.