The Holidays may be the Best Time to Sell!
You may be thinking you will just hold off on listing your home right now until after the holidays or possibly taking your house off the market during this time. If that’s the case, hang on … you may want to rethink that!
First off, most buyers that are looking at homes right now are serious – they are ready to buy! You could miss out on that person who needs your home right now. Secondly, the latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses on the market is reached an all-time low. It now sits around a 2.5-month supply at the current sales pace.
To put this in perspective, a neutral market is a 6-month supply of homes on the market available to buyers. With the supply so low right now, it makes finding a home for a buyer harder, therefore your home can become a hot commodity! Competition can get strong and you could potentially get an very attractive offer over your asking price! The current market gives sellers a great position to be able to negotiate deals that in line with the terms most important to them.
Between low inventory and low mortgage rates, now truly is a great time to get your home sold! Buyers are ready and waiting in line for the perfect house to hit the market and that could just very well be your home!
Contact Century 21 Triangle Group to get your free home evaluation. You may be pleasantly surprised and how your value has gone up and you may realize now is the perfect time for you to get your home on the market !