Why do so many sellers remain hesitant about putting their homes up for sale, especially with us experiencing the lowest inventory levels in recent memory? Here are some reasons you may want to consider if you’ve been on the fence about selling:
Buyers are in the market NOW and are just waiting for the right house at the right price to come along. Many buyers have been looking since early in the year hoping that inventory would increase as we get into the traditional ” spring market” which runs from now through May. Some have lost multiple offers, which has inspired them to be more aggressive on properties that meet their pricing expectations.
Less available homes means less offers being accepted and the process (inspection through mortgage commitment) should move along at a good pace with fewer backlogs at the banks.
Prices have seen just a small increase over the past year. Interest rates remain under 4.5%. Therefore, it is still a “perfect storm” – buyers’ dollars are still giving them good purchasing power, and as a seller, its a double bonus. You can capitalize on a buyers ability to pay and take advantage of this scenario for your future move.
Finally, if you’re thinking of selling, you’ve subconsciously made a decision that’s it time to move on to a new phase of your life. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should? You already know the answers to the questions we just asked. You have the power to take back control of the situation by pricing your home to guarantee it sells. The time has come for you and your family to move on and start living the life you desire. That is what is truly important.
The first step is always finding out your current value…
Call me and let’s talk.