Don’t Wait Until Spring to Sell!
Don’t Wait Until Spring to Sell!
If you are thinking of selling and waiting for spring, you might want to re-think your timing. Yes, historically 40% of home sales occurred between April and July. However, we still are not in a normal year and the number of homes on the market is extremely low. Here are 5 reasons to list now versus wait for spring
- Buyers are out looking in full force and ready to buy. Multiple offers are the norm which means prices are up.
- The average homeowner gained $56,700 in equity over the past 12 months according to CoreLogic. This may be just what you need to cover a down payment on your next purchase.
- Fewer homes for sale translates to less competition - you can negotiate for the best price and terms now.
- Mortgage rates, while rising, are still far below what they’ve been in recent decades. Lock in a low interest rate now as experts are projecting rates will continue to rise.
- If you’re selling to move into a bigger home or downsize, prices are expected to go up in 2022. Move now and beat the higher interest rate and price climb.
If you are wondering if now is a good time to list your house and want to know more about the next steps, contact me to learn how you can take advantage of the current market conditions.
Contact Donna Forest, Donna@DonnaForest.com, 603.731.5151