Published January 9, 2020
There’s a Long Line of Buyers Waiting for Your House
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:
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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