If there is even a slight chance you may want to sell your home in Whittier, now is the time to act!
Home values in Whittier have definitely shifted to a seller’s market, with inventory at a 13 year low. The National Association of Realtors (NAR) reports the January Pending Home Sales Index as being at 105.9% which is the highest rate for contracts (not closings) in years, meaning that homes that are available are being sold quickly.
According to NAR Chief Economist Lawrence Yun, home pricing will likely be on the upswing as less homes are on the market. “Over the near term, rising contract activity means higher home sales, but total sales for the year are expected to rise less than in 2012,” he said.
“While home prices are projected to rise more strongly because of inventory shortages,” Yun concluded.
Throughout Los Angeles and Orange County pending sales have increased. Thousands of homes are expected to be sold in 2013. Will your home be one of them? To find our more about how to start the process of selling your home in Whittier, please contact us, your local Real Estate company. Keller Williams Realty-LaRoche Team.
For a list of probate real estate listings,bank foreclosures and short sales in Whittier, click here to get immediate access. Contact us directly at 562-907-9900.
