Sell Before the Cork Pops
Is now a good time to sell? Sure is. Pricing has remained stable throughout Central Arkansas over the past few years. Inventory/competition is high, but an even bigger wave of competition is coming. Reports show that, across the country, 4 years of foreclosure ‘shadow’ inventory is sitting out there on hold and will be released in the near future. If looking to sell, you may want to highly consider sooner than later. When the flood of discounted foreclosures hit the market, home prices could take a hit, as well as create longer days on market.
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