If youre trying to decide if nows the time tosell your house, heres what you should know. The limited number of homes available right now gives you abig advantage. Thats because there aremore buyersout there than there are homes for sale. And, with sofew homeson the market, buyers will have fewer options, so you set yourself up to get themost eyes possibleon your house.
Heres what industry experts are saying about why selling now has its benefits:
Lawrence Yun, Chief Economist at theNational Association of Realtors(NAR):
Inventory levels are still at historic lows.Consequently, multiple offers are returning on a good number of properties.
Selma Hepp, Chief Economist atCoreLogic:
We have not seen the traditional uptick in new listings from existing homeowners, soundersupply of housing will continue to heighten market competition and put pressure on prices in most regions.Some markets are already heating up considerably, but price premiums that we saw last spring and summer are unlikely.
Clare Trapasso, Executive News Editor atRealtor.com:
Well-priced, move-in ready homes with curb appeal in desirable areas arestill receiving multiple offers and selling for over the asking pricein many parts of the country . . .
Jeff Tucker, Senior Economist atZillow:
. . . sellers who price and market their home competitivelyshouldnt have a problem finding a buyer.
Bottom Line
If youre thinking about selling your house, call me Marie McLaughlin 727-858-7569 to make the best possible move today!
Source:https://www.keepingcurrentmatters.com/2023/05/25/the-benefits-of-selling-now-according-to-experts/
