Holiday Gifts Are Not the Only Hot Things Right Now in Macomb County Michigan
By: Rick Giese RE/MAX First
Each month, ShowingTime releases their Showing Report, which tracks the average number of appointments received on active U.S. house listings. The latest index revealed:
"Traffic was more active once again compared to 2018, as the nation saw its third straight month of higher year-over-year showing activity…The 5.5% increase in showings nationwide was the largest jump in activity during the now three-month streak of year-over-year increases vs. 2018."
The same report indicates showings increased in every region of the country:
· The South increased by 10.8%
· The West increased by 8.6%
· The Northeast increased by 3.8%
· The Midwest increased by 1.5%
Why is the traffic more active?
One of the main reasons buyer traffic has increased year-over-year is that mortgage rates have fallen dramatically. According to Freddie Mac, the average mortgage rate last December was 4.6%. Today, the rate is almost a full percentage point lower!
There are first-time, move-up, and move-down buyers actively looking for the home of their dreams this winter. If you're thinking of selling your house in 2020, you don't need to wait until the spring to do it. Your potential buyer may be searching for a home in your neighborhood right now.
It may make the most sense to list your home this holiday season. Let's get together to determine if selling now is your best move.
Whether buying or selling, see how having a local market expert on your side can make a huge difference
Thinking about selling your Macomb County home or condo and want to know what it would sell for in today's market. visit www.ezhomeprice.info (https://l.facebook.com/
Rick Giese RE/MAX First