This week we are going to talk about the selling side again. Most folks think that the Spring is the best time to sell your home. After all, as one of my favorite mentors Charles Penfield says, “When the birds start to sing, the phone starts to ring!” This is true to a degree, but people need to buy houses all year long for all sorts of reasons. Job Transfers, Lifestyle changes, School choice etc. Let’s take a look at 4 very smart reasons to sell this summer.
- Demand Is Strong
The latest Buyer Traffic Report from the National Association of Realtors shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase…and are in the market right now! More often than not, multiple buyers arecompeting with each other to buy the same home.
Take advantage of the buyer activity currently in the market!
- There Is Less Competition Now
Housing inventory has declined year-over-year for the last 35 months and is still under the 6-month supply needed for a normal housing market. This means that, especially in Saline County, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased.
Historically, the average number of years a homeowner stayed in his or her home was six, but that number has hovered between nine and ten years since 2011. There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.
The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.
- There Will Never Be a Better Time to Move Up
If your next move will be into a premium or luxury home, now is the time to move up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly, AND you’ll be able to find a premium home to call your own!
- It’s Time to Move on With Your Life
Take a look at the reason you decided to sell in the first place and determine whether it is worth waiting. 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?
Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps 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.
If you are thinking of selling your home, give me a call and my team would be happy to go over your options and personal situation with you.
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Connect with me on my Homesnap account! The best way to search for a home! https://www.homesnap.com/Doug-Robinson