David Deem 714-997-3486 Dave@DeemTeam.com There’s no denying we’re in a  sellers’ market . With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest  Realtors Confidence Index Survey  from the  National Association of   Realtors  (NAR): Homes typically sell within   17 days  (compared to 26 days one year ago). The average home sold has  five offers to pick from . 54% of offers are over the asking price . Because so many buyers are competing for so few homes, bidding wars are driving up  home prices . According to an average of leading expert projections,  existing home prices are expected to increase by  8.9%  this year. Yet even in today’s red-hot sellers’ market, it’s important to price your house right. While it may be tempting to price your house on the high side to capitalize on this trend, doing so could limit your house’s potential. Why Pricing...

David Deem 714-997-3486 Dave@DeemTeam.com Even in today’s  sellers’ market , setting the right price for your house is one of the most valuable things you can do. According to the  U.S. Economic Outlook  by the  National Association of Realtors  (NAR), existing home prices nationwide are forecasted to  increase by 4.5% in 2021 . This means experts anticipate home values will continue climbing next year. Danielle Hale,  Chief Economist  for  realtor.com,   notes : “We expect price gains to ease somewhat in 2021 and end  5.7% above 2020 levels , decelerating steadily through the spring and summer, and then gradually reaccelerating toward the end of the year.” How to Price Your House When it comes to setting the right price for your house, the goal is to increase visibility and drive more buyers your way. Instead of trying to win the negotiation with one buyer, you should price your house so that  demand is maximized  and mor...

  David Deem 714-997-3486 Dave@DeemTeam.com In today’s real estate market, setting the right price for your house is one of the most valuable things you can do. According to the  U.S. Economic Outlook  by the  National Association of Realtors  (NAR), existing home prices nationwide are forecasted to  increase 4.7% in 2020  and  4.1% in 2021 . This means experts anticipate home values will continue climbing into next year. Today, low inventory is largely keeping prices from depreciating. Danielle Hale,  Chief Economist  at  realtor.com ,  notes : “Looking at the sheer number of buyers, low mortgage rates, and limited sellers, the strength of home prices–which are now growing at the highest pace since January 2018–makes sense.” When it comes to pricing your home, the goal is to increase visibility and drive more buyers your way. Instead of trying to win the negotiation with one buyer, you should price your house so that  dem...