If you’re waiting for the best time to win as a seller, the market is calling your name this spring.
Here are five reasons why this is the perfect time to sell your house if you’re ready.
Buyer demand is strong right now, and buyers are active in the market. , which tracks the average number of buyer showings on residential properties, recently announced that compared to this time last year. Daniil Cherkasskiy, at :
When your house is positioned to get a ton of attention from competitive buyers, you’re in the best spot possible as the seller.
The (NAR) also that, while home sales are skyrocketing, the inventory of existing homes for sale is continuing to drop dramatically. Houses are essentially selling as fast as they’re hitting the market – in fact, NAR that the average house is on the market for only 21 days.
It’s this imbalance between high buyer demand and a low supply of houses for sale that gives sellers such an advantage. That’s exactly what’s happening in the real estate market today.
Clearly, many more people are interested in buying than selling this spring, creating the ultimate . When this happens, homeowners in a position to sell have the upper hand in negotiations.
According to NAR, agents are an and an increase in bidding wars. As a seller, this means the ball is in your court – so much so that you can use your to negotiate the best possible contract. Demand is there, and now is the perfect time to sell for the most favorable terms.
According to the latest from , as of the third quarter of 2020, over the past year, and that number continues to grow as appreciate. is a type of forced savings that grows during your time as a homeowner and can be put toward bigger goals like buying your next dream home.
So much has changed over the past year, including what many of us need in a home. Spending extra time where we currently live is enabling many of us to re-evaluate homeownership and what we find most important in a home.
Whether it’s a house that has the features suited to working remotely, space for virtual or hybrid schooling, a home gym or theater, or something else, selling this spring gives you a chance to make a move and the home of your dreams.
Today’s housing market belongs to the sellers. If you’ve considered making a move but have been waiting for the right market conditions, your wait may be over. Contact a real estate professional so you’ll be positioned to win when you sell your house this spring.