Top 5 Reasons to Sell
If you’ve been thinking about selling, now’s the time to do so!
We’ve been hearing about the doom and gloom of real estate for a little bit now, especially with the fluctuations in interest rates. Some buyers may be reluctant to buy a home at the moment, but you might be surprised to know that homes sales are picking back up. Though it’s unlikely we’ll see the boom in sales that we did two to three years ago, properties are
beginning to move, and many are going quickly.
With that in mind, these are the top 5 reasons to sell your home now.
1. Lowering interest rates! While the rates aren’t the 2.5% - 4% we were seeing a few years ago, and they’ve been fluctuating often, the rates have been trending downward since mid-November last year when they were pushing 7%. At the
time of writing this, rates were sitting at around 6.32% for a 30 year fixed mortgage.
2. Low inventory. There just aren’t many houses on the market at the moment which affects number three greatly.
3. Long list of buyers. Without the inventory, our list of active buyers grows longer every day. We have many buyers ready to go, if only they could find a house.
4. Getting out ahead of the curve. Inventory will increase, eventually, and homes will begin to sit a bit longer on market. Placing your home on the market now, while it’s getting hotter, puts you in a better position as seller to sell it fast. (And
get a better price for it!)
5. Houses are selling fast! The few houses that do come to market are often selling very quickly. Numerous listings have gone under contract within 72 hours, recently, with some having multiple offers and acceptance in far less time. We’ve
even seen several go under contract within hours.
If you’ve been thinking about selling, now’s the time to do so!
Give me a call and I can help you list your house!
