John L. Scott Real Estate COO Phil McBride is quoted in this April 27, 2015, article about the top 5 reasons to sell your home. His market forecast was spot on!
“After back-to-back years of a robust housing recovery, we are continuing to experience another year of a shortage of inventory of homes for sale,” reports Phil McBride, COO of John L. Scott Real Estate in the Northwest. “With a large backlog of homebuyers, multiple offers on new listings are the norm. We are seeing approximately 90 percent of sales activity in the market areas and price ranges where we are experiencing the shortage/low inventory, which is sending prices upward.”
The 5 signs it’s time to sell:
- You’ve outgrown your space.
- Your neighborhood is booming.
- You’re letting things go.
- Your equity is back.
- Your life has changed.
Read the entire article online here.