Real Estate in the Western Minneapolis Suburbs

Why It’s A Great Time To Sell Your Rockford Home

OK, first off, yes, all agents seem to always say “hey, it’s never been a better time to sell”, its like the boy who cried wolf – we’re all immune to it by now, I get it. That being said…. it may be a great time to sell your Rockford home and here are a few reasons why:

  • Inventory is low
  • Inventory is low
  • Inventory is low

Did I mention the inventory is low?

🙂 Obviously the low interest rates (still well below 4%) and spring fever just around the corner doesn’t hurt either. In the last 13 years I’ve been a full time Rockford real estate agent the inventory has always been around 17-21 homes for sale at all times, as of today there are only 7 available. Lower inventory may just lead to home buyers fighting over your property.

Compared to our neighbors, Buffalo & Delano here is how the inventory stacks up:

Rockford active homes

7 available (only 1 between $100,000 & $200,000)

Buffalo active homes

72 available (30 between $100,000 & $200,000)

Delano active homes

40 available (12 between $100,000 & $200,000)

Why does home inventory matter? Its that good old “supply & demand” we’ve all heard of. We have Rockford buyers looking for a home but we don’t have enough inventory to show them which will put more money in sellers pockets.

So, now perhaps you’re wondering “what can I get for my Rockford house”? – good question and one we can help with. The Derrick Monroe Group has been located in Rockford and selling Rockford real estate for well over a decade, as the only local office we also hire and staff only local people, this has allowed us to sell nearly 200 homes in Rockford to date and we would love to show you not only our marketing plan but how we can net you more money than the average agent – and best of all, we guarantee our services!

Call our Rockford office today at (763) 477-5777 or e-mail us here for a free, no obligation market analysis of your property. Perhaps you thought you couldn’t move, that may have been true last year, however, with the low inventory, low interest rates and better market complied with our marketing track record moving to your dream home may be closer than you think.

Rockford resident & Realtor – Derrick Monroe