5 Economic Indicators Every Seller Should Know ~ By Cidalia Matukas ~ ww...

There are 5 economic indicators that every agent should share with their sellers.

1. Home Sales are on the Rise. ~ This is a sign of stabilization. This is variable from town to town. If you are curious about your hometown please let me know I would be happy to share that information with you.

2. Drop in Median Home Price. ~ there are three reasons why this has occurred. Surge in sales of distressed properties that sell for 15-20% less. Influx of first time buyers purchasing lower priced homes. Slow down in the high end market and jumbo loans.

3. Market Inventory is low. This is variable from town to town as well.

4. Mortgage rates are at their lowest.

5. Homes are more Affordable now than ever before. In 1981 it took 36% of a families income to pay the mortgage. Now it only takes 15%.

Cidalia Mendonca Matukas
www.HomesbyCidalia.com
Keller Williams Realty
Cell: 781-389-7252
Office: 774-568-0007
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