Instead of wondering whether or not you should sell your home this fall, consider selling this summer. Here are 4 reasons to sell your home this summer:
1: Buyer Demand Will Remain Strong
Buyers are out in force looking for their dream homes! Buyers are often competing with one another for the listings that are available! According to NAR, the median days on the market for a listing was only 24 days last month!
2: There is Less Competition Now
Housing inventory is still under the 6-month supply that is needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market.
3: There Will Never Be a Better Time to Move Up
Prices are projected to appreciate by 4.8% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in both down payment & mortgage payment, if you wait.
4: It’s Time to Move on with Your Life
Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Perhaps the time has come for you and your family to move on and start living the life you desire.
If you’re considering selling your home this summer give my office a call to help you navigate your options.
Roberta L. Voss, JD, e-Pro, CNE, SFR, CDPE
The Voss Team