Ep194 “What Does the Current Real Estate Market Look Like in PA?”
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We are through the first week of March and the spring real estate market is officially upon us! Today, we take a look at what is going on with the current inventory levels in Pennsylvania’s real estate market and what that means for buyers and sellers who are thinking of purchasing or selling a home in the next several months! TALKING POINTS (3-5):
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- Introduction
- Discuss PAR’s January 2024 Housing Report
- Discuss what the local inventory looks like:
- Reveal the # of houses available in different school districts around Western PA
- Share two quick recent stories to signify the current market craze
- Discuss what this low inventory means for buyers:
- BE READY!
- Including pre-approval
- If you don’t need it, don’t ask for it!
- Know your limitations if in a multiple bid situation!
- BE READY!
- Discuss what this low inventory means for sellers:
- Price the house appropriately!
- If it’s not sold in two weeks, it’s priced too high!
- If it’s priced right, you’ll most likely be under contract in a few days and closed in 30-45 days, so be prepared to be out of the house!
- Final thoughts
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