THE REAL DEAL ON ROSLINDALE REAL ESTATE INVENTORY
As buyers enter the home buying process, they are often interested in the local inventory, or how many homes are on the market. However, in the midst of various national news stories on how the real estate market has fluctuated in recent times, it can be difficult to understand the current state of each local market. I have outlined important real estate information tips regarding home inventory.
Currently, Roslindale has approximately 88 properties in market inventory, which is a 4.1 month supply. The National Association of Realtors® reports a balanced market to be a six month supply of inventory.
The higher inventory in Roslindale is an expected outcome of the market correction and gives buyers more choice and negotiation leverage. In addition, the interest rates are low which makes buying more affordable.
Our current inventory level represents more options for buyers, and reinforces how critical it is that homeowners price and present their home to sell.
The author is Emmanuel Scibilia, for more information, visit: wwwBostonPropertiesNow.com
Posted at 02/18/2012 09:23 PM by
Emmanuel Scibilia
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