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We've been experiencing an active residential market in Seeley Lake this winter with five homes currently under contract. Not bad for the dead of winter in Seeley Lake! Experts agree that the market is softening for buyers, but will it be a full-on buyers' market? In Seeley Lake, it depends on the price range. The demand for houses in Seeley Lake under $300,000 is currently strong. All five homes presently under contract are listed under $300,000. There are only eight active residential...
What defines a “Local Market Expert?” A local market expert has extensive knowledge of the properties in their market and is able to explain how current market dynamics are impacting prices. Every community and market is unique and it takes a local expert to help you navigate the complicated process of buying or selling real estate. A local market expert will understand the lifestyle of the community and what it’s like to live there. How can a local market expert benefit your real estate transaction? FOR SELLERS Most agents use compa...
As the houses start to pop out of the snow banks this spring, the Seeley Lake real estate market is set to take off! What this Means for Sellers: We all know that the best time to sell anything is when demand for that item is high and the supply is limited. Listings are scarce in Seeley Lake and buyers are abundant! Today, because of the tremendous lack of inventory, sellers can expect a great price for their home; keeping in mind that a "great price" doesn't mean "overpriced!" Sellers can...
Early in the 2017 Season Many markets in the country are experiencing a supply and demand problem with housing inventory, and Seeley Lake is no exception. Our major selling season usually runs from May to September. At the beginning of the 2017 selling season, we were already experiencing a lack of inventory. Buyer demand has been strong but our home inventory just hasn't been able to keep up with the demand. The lack of supply, coupled with a healthy demand, led some to speculate the we were...
SEELEY LAKE - And the Seeley Lake real estate market is heating up! You would think the snow and extreme cold of this past winter would cool the real estate market off but not so far this spring! There has been a steady stream of buyers for months. Buyer demand has stayed strong throughout the winter season this year and the supply of homes for sale is not keeping up. This is great news for sellers! There are currently 39 active homes listed on the MLS in Seeley Lake. However, the homes available for sale may not meet the needs of the buyers...
SEELEY LAKE - There are still lots of challenges nationally for the housing market. However, 2016 is shaping up to be one of the best years for housing in a decade and the SEELEY LAKE real estate market is no exception. It’s been the “Perfect Storm” to be a BUYER or SELLER in the Seeley Lake residential real estate market in 2016. WHY? FOR BUYERS: Interest rates are still at all time, historical lows. Even though home values have continued to increase this last year, thanks to declining interest rates, it actually COSTS the same in princ...
There are a lot of agents out there so when you are ready to buy or sell property, how do you know which one to choose? 1. LEARN WHAT TITLES MEAN: Real Estate Agent, Broker, Realtor®. A “Real Estate Agent” has taken classes and passed an exam to get a license. A “Broker” has continued their education, must have two years experience as a licensed salesperson and a minimum number of sales transactions. A Broker can hire agents to work under them. A “Realtor” can be either an agent or broker who is a member of the National Association...
