The current market conditions in the US have been a classic study in the effects of supply and demand; the supply of homes across the country have been low and demands have been high, causing competition—and prices—to skyrocket.
And thanks to the low supply and high demand, most Americans believe there’s never been a better time to sell their home than right now.
According to the 2018 Q3 Homeownership Opportunities and Market Experience (HOME) Survey from the National Association of Realtors, a whopping 77% of Americans surveyed believe that now is a good time to sell (a record high for the survey). And most of the people surveyed also believe that market conditions will continue to favor sellers (53% believe prices will increase in the next six months).
Three out of four Americans firmly believe we’re in a seller’s market. So if you’ve been thinking about selling, now is the time to make a move.
Katie Clark and Melissa Trost attended a business meeting and luncheon through the Four Rivers Association of REALTORS that provided updates on the Main Street America program in Seguin, New Braunfels, and San Marcos. Representatives from each city discussed some of the unique characteristics of their particular city and how they have worked to maintain a strong and vibrant main street.
Historically speaking, main streets were originally due to people riding a buggy or horse to town and needing everything within easy access. As times and transportation options changed, people began to spread out more and it was common to drive from one place to another for goods and services. In recent years, the Main Street Program has seen a shift back to a desire for walk-ability with mixed use developments.
Living in Central Texas provides unique opportunities with experiences diverse in culture, history and the arts. Take a few minutes to research what Seguin, New Braunfels, and San Marcos has to offer and visit them each!