The #1 Reason to Sell Now Before Spring
The price of any item (including residential real estate) is determined by ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases.
According to the National Association of Realtors (NAR), the supply of homes for sale dramatically increases every spring. As an example, here is what happened to housing inventory at the beginning of 2017:
Putting your home on the market now instead of waiting for increased competition in the spring might make a lot of sense.
Buyers in the market during the winter months are truly motivated purchasers. They want to buy now. With limited inventory currently available in most markets, sellers are in a great position to negotiate.
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With the leverage sellers have today, you may be able to negotiate a deal that allows you to move into your dream home!
Whether you’re a first-time buyer or a move-up buyer, don’t let the headlines scare you away from your dream of homeownership.
Today’s housing market is a big win for sellers, but these conditions won’t last forever. Let’s connect to discuss how to sell your house safely.
Working with a trusted real estate professional to navigate the process while rates are in your favor might be the best move you can make.
Growing equity can be the driver you’re looking for to fund your next move, especially if what you need in a home is changing right now.
There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible.
The right agent can explain current market conditions and break down exactly what they mean for you.
It appears that some higher-priced markets may have more homes to choose from than those at lower price points.
Housing supply is at a historic low. Demand is real. Homeowners have enough equity to be able to weather a dip in home values.
As we think about the future and what we want to achieve beyond 2021, it’s a great time to look at the benefits of owning a home.