When I asked my friends at Roohan Realty to talk a bit about the current housing market, I honestly expected more doom and gloom. But they had a different story for me! This week, Tamara Valentine of Roohan Realty shares why it’s a great time to sell!

INVENTORY IS AT AN ALL-TIME LOW. There are not enough houses on the market and new construction to keep up with the current buyer demand.

SELLERS ARE ABLE TO GET HIGHER PRICES. Demand plus record-low interest rates are making this possible.

MIGRATION FROM MAJOR CITIES. The pandemic has caused many people living in major cities to relocate to look for more space, but don’t want to sacrifice the culture that they are accustomed to. Saratoga Springs is the mini-city that meets their needs.

BUYERS ARE SEARCHING FOR MORE VERSATILE SPACES. People are on the hunt for new homes with versatile spaces that can be used for a variety of purposes, like work and/or home gym.

VIRTUAL + IN-HOME SHOWINGS = ADDED CONVENIENCE. People continued to look at homes virtually during the spring quarantine, especially from more dense areas. Now that we are safely able to walk-through homes, buyers are on a mission to close before the holiday season.

With over 50 years serving Saratoga Springs and the southern Adirondacks region, Roohan Realty is committed to our local communities. Their talented team of experts will happily guide you through the buying or selling process. For more information on Roohan Realty or to check out their current listings, visit https://www.roohanrealty.com/ .

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