Dublin Ranch: Getting Over Asking Price
Low Inventory and Low Interest Rates Creating Seller’s Market in Dublin Ranch
Mia and I held our new listing at 6229 Shadow Hill Dr. open on Saturday and Sunday. We had at least 136 groups of buyers through the house. Inventory is so low and there were only two new listings last week in Dublin Ranch. Buyers are out in large numbers hoping to purchase a home while the interest rates are historically low. According to Zillow the current mortgage interest rate is 3.56%, a twenty month low.
We will be reviewing offers today with the sellers and are expecting to have around 10 offers. When you have that number of offers, you can expect the sales price to go over the asking price by several thousand dollars. If you are thinking of selling your home this year, give us a call. This may be the best time to sell your home before more homes come on the market in the spring.