Welcome to another edition of Mark's Market update. Now that school is back in session, kids are out of the house, what is happening in real estate? Like traditional years, we saw the lull at end of July and beginning of August, and now seeing the seasonal pick up. However, we are getting numerous questions from prospective buyers and sellers, as to what to do now that the fall is upon us. Should a seller take their home off the market, if it did not yet sell? Should buyers wait until Spring to begin their home search again? We are recommending to sellers - Keep Your Home on The Market, as there is pent up buyer demand, from those buyers that were unable to purchase in the Spring market, due to "tight inventory levels", as previously discussed. We are recommending to buyers - Keep Looking, as there are going to be great new opportunities. We are seeing great new options on the market, but the market continues to be demanding for move in ready homes that are priced right. If you are a seller, it is not the time to over price and preparation for sale is critical. If you have any questions about buying, selling, investing, the value of your home, please do not hesitate to call, email or text.
Estimated home valuation: www.StLouisHomeValues.org