The Benefits of Selling Now, According to Experts
Here are some things you should know if you're attempting to decide whether this is the right moment to sell your home. You have a significant edge due to the limited supply of homes now available. This is due to the fact that there are more purchasers than there are available houses for sale. Additionally, with so few houses available, buyers will have fewer options, so you should position yourself to draw as many buyers to your home as you can.
Here are some benefits of selling today, according to specialists in the field:
Lawrence Yun, Chief Economist at the National 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 at CoreLogic:
“We have not seen the traditional uptick in new listings from existing homeowners, so undersupply 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 at Realtor.com:
“Well-priced, move-in ready homes with curb appeal in desirable areas are still receiving multiple offers and selling for over the asking price in many parts of the country . . .”
Jeff Tucker, Senior Economist at Zillow:
“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”
To sum up
Let's connect if you're considering selling your home so you get the professional advice you need to act right away.