Welcome Back, I’m Jeb Smith, your local Real Estate Broker with ReMax Terrasol here in Huntington Beach with your Southern California Real Estate Market Report for September 2017 (September 2017 Huntington Beach Real Estate Market Report). For those of you who have been watching my market reports the last few months, you can probably skip the rest as it’s going to sound an awful lot like last month’s report. If you’re new, let’s jump into the content and get you caught up on where the market is at. We have now fully moved in our fall market which generally sees a slowdown in both listings and buyer demand and this year is no different except buyer demand has likely slowed more than normal due to our minimal amount of available inventory.
In a “normal” real estate market, homes start to sit a bit longer this time of year as Buyers start to hit the brakes with kids going back to school and reality of the Holiday season looming a few months out. It’s hard to say if that trend will continue this year as there are still a ton of Buyers on the sidelines waiting for the right home to become available. With that being said, if you are a seller, historically the fall season isn’t the best time of year to obtain top dollar for your home but with little competition from other sellers and extremely low interest rates, now may be a perfect opportunity to yield top dollar for your home as long as you price according to fair market value.
If you are a Buyer who is currently in the market searching for the perfect home or someone who is about to start the process, I encourage you to speak to a mortgage professional to get pre-approved before proceeding any further. This is likely the most important step in the process and also the most over looked. This step not only allows you to seriously start searching for the perfect home but gives you the confidence that once you find it, you already know that you can truly afford it and that the financing will not be an issue.
Having a full time Professional Realtor on your side whether you are a buyer or seller is critical in a Real estate market like we are experiencing now. With over 14 years experience, I am an asset to any real estate transaction and I would love the opportunity to help guide you in the right direction. If you would like more information about me, please go to my website www.jebsmith.net or check out my other videos on Facebook and YouTube. As always, I appreciate you taking the time to watch and I look forward to seeing you again next month. Make it a great day.