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Saturday, 31 August 2013

Seller’s Market – Portland Homes for Sale



One of the greatest joys when moving is selling your home. Over the years you have put so much work to make your home grand that you don’t even care if your hard work gets noticed. Someone will purchase your home for sale in Portland a love your home the way you did. But, when is the optimal time to sell your house and how can you tell if it is a “seller’s market?” A seller’s market is defined by Webster as “an economic situation in which goods or shares are scarce and sellers can keep prices high.” In the case of Portland Oregon Real Estate, the market would have to be trending downward in a couple of key areas in order to create the traditional seller’s market. 

Portland Homes for Sale

In order to put up your Portland homes for sale in an ideal situation you would have to enter a Portland Oregon Real Estate market that has few active listings with the active listings spending little time on the market. The fewer Portland houses for sale there are the more you can control the price of your home for sale in Portland Oregon. The best time to sell your home is to wait for there to be a high demand in a sparse market. Also, ideally, you would like to have your house on the market for a short amount of time which gives you a higher probably of having your home sold at your listing price.

Selling your home is a difficult and joyful thing to do. The key to making exactly what your home is worth and maximizing your profit potential is to wait for the market to give you the right conditions by having a high list to sales ratio with few active homes on the market. This will get your house off the market quickly and allow you to fetch full price.