McKinney Housing Market Update
Hello Folks,
As
you may have heard, we are in a “seller’s market” right now and we will
continue to be for the foreseeable future; however, there is a serious
problem going on in our marketplace right now! The problem is that there
are an abundance of buyers looking to buy a home, but the housing
inventory is very low!
The demand for housing has
allowed sellers to receive an “average” at least 96.2% of their asking
price, in many cases, sellers are receiving more than their asking price
based on multiple offers that are being received, supply and demand. In
addition, here in McKinney, as of December 2013, we only had 1.4 months
of home inventory compared to 2.1 months in December 2012.
Get your home value
Providing Solutions Because...Your Move Matters!
REALTOR®
Keller Williams Realty
1002 Raintree Cir., Ste. 100
1002 Raintree Cir., Ste. 100
Allen, TX 75013
E-mail: MBrownstead@msn.com
Cell: 214-872-0400
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