Published January 9, 2020

There’s a Long Line of Buyers Waiting for Your House

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Written by Deb and Joe Corcoran

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If you’re following what’s happening in the Lehigh Valley housing market right now, you know that many people believe the winter months aren’t a good time to sell a home. As realtor.com Senior Economist George Ratiu recently noted,

“Sellers tend to be more reluctant to list during the colder time of year when the market typically makes a seasonal slowdown.”

Find the estimated value of your home right now: LVMarketReport.com

However, a recent report by ShowingTime reveals how this year is different. Buyer activity is way up in Allentown/Bethlehem and surrouding areas compared to the same time last year. The report explains,

“The nation’s 12.6% growth in home showings compared to 2018 was the most significant jump in buyer traffic during the current four-month streak of year-over-year increases. The West Region saw the greatest growth in activity, with a 23.1% jump – the region’s greatest in the history of the Showing Index.”

The increase has spread across all four regions of the country, as the graph below shows:There’s a Long Line of Buyers Waiting for Your House | MyKCM

Bottom Line

Waiting for the “spring buyers’ market” may be a mistake this year. It seems the purchasers are already out and looking to buy.  Give us a call today at 484-893-1234 to see what your home is worth in today's market.

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Deb and Joe Corcoran

| The Deb and Joe Corcoran Group | Keller Williams Real Estate

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