“Here are five great reasons you shouldn’t wait to sell your house.”
Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market.
The truth is many buyers want to purchase a home for the holidays, and your house might be just what they’re looking for. Here are five great reasons you shouldn’t wait to sell your house.
1. While the supply of homes for sale has increased this year, there still aren’t enough homes on the market to keep up with buyer demand. As Nadia Evangelou, Senior Economist & Director of Forecasting at the National Association of Realtors (NAR), explains:
“There’s still this gap between demand and supply because we were underbuilding for many years. . . . So now we see demand is slowing, but it still outpaces supply.”
2. Serious homebuyers are out looking right now. Millennials are driving homebuying demand today, and many are eager to make a purchase. Mark Fleming, Chief Economist at First American, explains:
“While not the frenzy of 2021, the largest living generation, the Millennials, will continue to age into their prime home-buying years, creating a demographic tailwind for the housing market.”
3. The desire to own a home doesn’t stop during the holidays. In fact, homes decorated for the holidays appeal to many buyers. Plus, purchasers who look for homes during the holidays are ready to buy.
4. You can restrict the showings in your house to days and times that are most convenient for you. That can help you minimize disruptions, which is especially important this time of year.
5. Rents have skyrocketed in recent years. And, many buyers are looking to escape rising rents and avoid falling into the rental trap for another year. As an article from Zillow says:
“Over the next 12 months, rents are expected to grow more than inflation, the stock market and home values.”
Your home could be their ticket to leaving renting behind for good.
Bottom Line
There are still many reasons it makes sense to list your house during the holiday season. Let’s connect to determine if selling now is your best move.
To view original article, visit Keeping Current Matters.
This Real Estate Market Is the Strongest of Our Lifetime
This is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime.
Real Estate Is Still Considered the Best Long-Term Investment
Real estate was voted the best long-term investment for the 11th consecutive year, beating gold, stocks, and bonds.
Oops! Home Prices Didn’t Crash After All
Home prices didn’t come crashing down and may already rebounding from the minimal depreciation experienced over the last few months.
Keys to Success for First-Time Homebuyers
The best way to make sure you’re set up for success, especially if you’re just starting out, is to work with a trusted real estate agent.
Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off
The pandemic profoundly changed real estate over the last few years. The demand for a home of our own skyrocketed, and needs changed.
The Benefits of Selling Now, According to Experts
Sellers who price and market their home competitively shouldn’t have a problem finding a buyer especially in today’s market.