3 Graphs Showing Why This Is The Time To Sell

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and high buyer demand may give you the leverage you need to negotiate the best contract terms on the sale of your property. Here’s a look at what’s driving this sellers’ advantage and why there’s so much opportunity for property owners who are ready to move this season.

1. Historically Low Inventory

The National Association of Realtors (NAR) explains:

 “Total housing inventory at the end of March amounted to 1.07…

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Sellers Are Ready To Return To The Housing Market

One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people get vaccinated, more sellers may finally be in sight.

The Home Purchase Sentiment Index (HPSI) by Fannie Mae recently noted the percentage of consumer respondents who say it’s a good time to sell a home increased from 61% to 67%. Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae, indicates:

“Consumer positivity regarding home-selling conditions nearly matched its all-time…

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3 Things To Prioritize When Selling Your House

Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your property. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid costly mistakes and win big when you make a move.

1. Price Your Property Right

When inventory is low, like it is in the current market, it’s common to think buyers will pay whatever we ask when setting a listing price. Believe it or not, that’s not always true. Even in a sellers’ market, listing your property for the right price will maximize the…

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Does the perfect place to live really exist? It depends on what kind of atmosphere you’re looking for, but if you’re someone who loves the outdoors and the peace and security of the mountains, then we have the perfect spot for you. Pagosa Springs is an amazing location that offers outdoor activities, beautiful mountain scenery, and more. Continue reading to learn about a few reasons you should move to Pagosa Springs, and reach out to Galles Properties to explore our Pagosa Springs real estate today!

Play Where You Live

The best life has an equal balance of work and play, but nothing is worse than having to plan vacations in order to get your fill of fun. In Pagosa Springs, you have the benefit of being able to play where you live. You’ll have access…

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We are honored for the second time to have Galles Properties featured in Cowboys & Indians!  In July, 2021, Cowboys & Indians ran a Pagosa Springs feature with input from Juli Morelock, Diane Burnett, Steve Crow and Stan Zuege on the real estate market and where to eat and play in Pagosa Country.

"Since January of 2020, our real estate market has seen substantial closed volume increases,” says Galles Properties broker Juli Morelock. “Like many parts of the country, we are experiencing extremely low inventory, but there are still wonderful properties available. And we can always help to locate properties that may not yet be on the market.”

And in the January 2022 issue, the magazine's Open Range section features an article on Galles Properties…

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