Are there actual waiting lists for houses in Worcester County?
By Steve Levine, President of Steve Levine Inc., and an agent for REMAX Prestige
Despite all the gloom and doom in the national real estate news, the market here has undergone the most complete transformation imaginable. Way under the radar screen, we’re seeing drastic inventory shortages of properties in specific price ranges across the board, and this is resulting in a wild scene, with multiple over full price bids being tossed around, just as though it were the peak of the market.
Just in the last weeks alone, I’ve been in several multiple offer situations with my listings, in everything from simple three-bedroom ranches in the mid $200s, to homes well into the $600s. We actually had some offers outbidding others by 25K just to see if they could grab a property they wanted.
Fortunately, I have been blessed with some amazing clients recently, folks who actually listen to advice, do the things that need to be done, and, in return, reap rewards beyond their expectations. Sometimes that comes in the form of letting me bring in my pre-marketing team to handle everything from painting and wallpaper to just doing general clean-up work. Other times, it results from just being priced properly to begin with, in the hopes of seeing multiple offers. Either way, it feels great to be able to achieve that level of success at a time when so many have felt let down by the marketplace. This month is particularly notable, as I’m seeing a few of my listings selling for prices actually higher than folks bought them for at the peak of the market. If that’s not a recovery, I don’t know what is.
In the end, I am seeing inventory shortages that are worse than I’ve witnessed in my 26 years in the business. It’s not just that I list a home and have a few offers, because that happens all the time, but rather that buyers after the fact are asking if they can be put on a list to be notified if I hear of other things coming on the market in the neighborhood. I literally now have buyers waiting patiently for the phone to ring, or even emailing me daily to see what I’ve heard about potential new listings coming. You would think that would be a good problem to have, of course, but it only works when the inventory keeps coming, and that’s where you come in.
If you’ve been thinking of a move for some time, even if you tried to sell in the past and weren’t successful, now is the time we need to chat. Perhaps you’ll be one of the lucky ones who never even hit the market. I love when that happens – very quietly, no tracking of snow in the house, no signs…just a nice, clean buyer willing to spend the money to secure a great home for their families. Don’t wait until you see the leaves on the trees, because by then it might be too late. If you read my prior articles, you’ll see why winter can actually bring more money for you.
I’m easy to find, so give me a call or send me an email, Facebook message, or even a note on carrier pigeon, but whatever you do, let’s get in touch sooner, rather than later, and let me show you just what I can do to help make your visions a reality.
Steve Levine is the President of Steve Levine Inc., and an agent for REMAX Prestige. He has been ranked as the Top REMAX Agent in New England 10 times. He can be reached at 508-735-4663 or email@example.com.
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