The Spring to Summer market conditions in the Greenbrier Valley.
The Spring market is winding down and the market is still pretty strong in the Greenbrier Valley. Now that the kids are out of school and things are gearing up for a summer vacation and family events. People are going to take advantage of this break to potentially get into a new home and ideally, that means that all would wind up before the kids are back in school.
What does that mean for you as a seller?
If you are considering placing, your property on the market? Now is the time to consider getting your property listed in a timely manner. Time is of the essence, with buyers looking to settle in before the next school year begins. If a buyer is re-locating to another area, they may have to re-establish their kid’s schooling situation. Which means that they may have to start the process pretty early in the summer to get them enrolled. Contacting the Local Board of Education will be the first step in getting the ball rolling. Questions on whether or not your children can remain in school they are currently attending and other questions, can be answered by the Board of Education. You can click on this link https://www.greenbriercountyschools.org/ Being so late in the process of getting your home listed. Make sure you are ready, and everything is in order to make your home stand out from any competition. Be prepared to have a good amount of showing traffic if your home is in the desirable price range that is currently experiencing low inventory.
What does that mean for a buyer?
For a buyer in today’s market, you can expect what has been happening for the last several years to continue in availability of homes for sale. The market in some price ranges is still very limited, with a lack of inventory. So, a buyer needs to be aware, if a home comes on the market, it will most likely be under contract in a number of days, or possibly less. So, getting your loan approval has never been more important! It will potentially be the difference between getting you the home you want, and not getting the home you want. And yes, be prepared for the possibility of a highest and best offer situation to arise. With the limited inventory, some price ranges are still experiencing highest and best offers. Knowing what you can and cannot afford, can be the difference between getting an offer accepted. If you have to bring something more to the table in the form of your offer, you need to know exactly what you can and cannot do. As mentioned above with Seller’s getting things ready for the family if you are relocating to another school district may take you some time to line out. Be prepared and know what the area you are moving into has to offer.
Want to know what is happening in your area? Just click the link below and get started! Want to know what is on the market? Want to know what has sold in your area? Number of days on the market?
https://keithshaver.sites.cbmoxi.com/neighborhood-news?
Keith S Shaver
Realtor/Salesperson
304-667-3411
Thomas H Johnson/Broker of Record/174 Northridge Drive/Lewisburg WV 24901/304-645-1242