Real Estate Market Update Videos

Real Estate Market Update Videos
Evelyn Greenwoo…:
The real estate market is booming and there hasn’t been a better time in the history of real estate to sell your home. Right now, there is extremely limited inventory. There aren’t enough houses on the market for the amount of buyers that we have.

Hi, my name is Evelyn Greenwood with Fathom Realty, and I’ve been selling houses in Baton Rouge, 70808 and 70810 for over seven years. Right now there is a 1.9 month supply of inventory in East Baton Rouge Parish, which is a 52% absorption rate. Anything 20% or higher is considered a sellers market and we’re at 52%, which is a sign of the market hugely in favor of sellers. And I have never in my seven years in the industry seen it this low. What that means is that we are in a sellers market and homes are selling very fast.

With that being said, sellers have all of the control. They have the ability to choose the cream of the crop terms and conditions. They can be very selective when choosing which offer to take. And remember, don’t be afraid to counter anything that you want that will make the transition, the terms, the experience meet all of your expectations. You as the seller are in the position to do so. So here are a few things to think about.

Timeframes. Choose the best timeframe for closing that works for you. Also, you can shorten up contingency dates for like inspections and other timelines if you wish. The fewer the contingencies, the better. There are a few more things to consider and negotiate on your behalf, but I don’t want to keep you too long. So if you’d like more information and are thinking about selling, give me a call. I’d be happy to help. And be sure to check out my YouTube channel, Evelyn Greenwood Realtor, for more tips on selling. And as always, everyone deserves a happy home.
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