In today’s current market, sellers are getting top dollar for their homes while record-low interest rates are helping others lower their mortgage payment. For more information about record low interest rates and an example of how it can help you, hop over to my blog post “Now is the Time to Act!! Ready to Buy or Sell??”
There are 4 Reasons to Sell NOW!!
- HOMES ARE SELLING QUICKLY : Nationally, in June 2020, homes were on the market for an average of 24 days, and 62% of homes were on the market for less than a month. Listing now could result in a much quicker and easier home-selling experience.
- INVENTORY IS TIGHT: Your home is a hot commodity! According to the National Association of Realtors it could take about four months to sell all the homes on the market, which favors sellers.
- BUYER DEMAND IS UP: After spending so much time at home, many buyers are ready to safely dive back into the market for houses that better fit the needs of their new normal. Data suggests that pending home sales activity has been sharply climbing since April.
- PRICES ARE INCREASING: Because inventory’s been tight, this led to significant price increases during – and even before – the pandemic. This means that if you list now, you are more likely to get top dollar for your home.
Are you intrigued? I would be happy to run a comparative market analysis to see what homes in your neighborhood are going for right now. Give me a call and I can help!!
*Sources: Buffini & Company, National Association of REALTORS