Each month, many people are faced with the decision of renewing their rental lease for another year or purchasing their first home. One of the questions that must be answered before they make a decision is – “Where are rents headed?”
In today's market, with homes selling quickly and prices rising some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.
Inventory Levels are still below the 6.0 month level necessary for a normal market
Home Prices have experienced year-over-year gains for 38 straight months
Home sold faster than any time since June 2013, in just 39 days