5 Reasons You Should Sell Now!

As the temperature continues to rise, buyers are coming out ready to purchase their dream home. Here are five reasons that you should list your house for sale now.

1. STRONG BUYER DEMAND

Foot traffic refers to the number of people out actually physically looking at homes right now. The latest foot traffic numbers show that there are significantly more prospective purchasers currently looking at homes than at any point in the last two years!

These buyers are ready, willing and able to purchase… and are in the market right now! Take advantage of the buyer activity currently in the market.

2. THERE IS LESS COMPETITION NOW

The National Association of Realtors reported last week that housing supply as slipped to a 5.0-month supply. This is still under the 6-month supply that is needed for a normal housing market.

This means, in most areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices.

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. Homeowners are now seeing a return to positive equity as real estate values have increased over the last two years. Many of these homes will be coming to the market in the near future.

The choices buyers have will continue to increase. Don’t wait until all this other inventory of homes comes to market before you sell.

3. HOME PRICES ARE SKYROCKETING

Daren Blomquist, President of RealtyTrac, recently shared insights into why “2015 is a Great Year to Sell” by saying:

"So far in 2015, [sellers] are realizing the biggest gains in home price appreciation since 2007. In June, sellers sold for above estimated market value on average for the first time in nearly two years."

One major factor driving prices up is the lack of inventory available for the amount of buyers in the market. Often buyers, who find a home that they would like to make an offer on, are met with the reality that they aren’t the only ones interested.

4. THERE WILL NEVER BE A BETTER TIME TO MOVE-UP

If you are moving up to a larger, more expensive home, consider doing it now.

Prices are projected to appreciate by over 19.4% from now to 2019. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30-year housing expense with an interest rate near 4% right now.

Rates are projected to increase by a full percentage point over the next year according to Freddie Mac.

5. IT’S TIME TO MOVE ON WITH YOUR LIFE

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 back 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.


cea79944 9307 4e92 a260 2ed1bd519aa1 9df352a8 1991 4e1c a046 d2c235f2b0bf a6ab4ddf 9031 4ece b874 815d74af000c 6d2ac916 3922 4938 9a8d d324d65d8ce5 4071eb0a ec99 47c4 95d9 49224e382af9 a00f7f42 e953 4445 a636 f1094f37199c b573f8a2 e1a8 4cb6 8e79 e9a50afaf19b 0229422e 70a6 4549 963a 7d4e3f4bab65 1940e200 309a 4bad 95ea 4b7803cf7adb 3c702ed8 0a2a 43a0 b89e 186fad8fc250 1cbb0617 ebfd 4ed3 beaf e123df9868c3 7fef284f 67ef 49da ba1a 2c682325478b 534ec8a9 6e92 4a7e a727 b5c0b9572980 f4272caf 1c12 469f a506 d05a2745b3c2 6c8e6aa5 d5b4 48ba 89ed d495b8d6eb6f 8d4ea354 b102 4b5e 8370 a1940302f2ca 6106e630 e312 416d a18d 4ae544c78823 64ff73d9 692a 4e4f 9aa2 50e5180ae681 1119973d d441 4abb ba69 453809c8c8a8 e951184c 1deb 43ba 812a d339d349b253 07ac0298 6338 4259 8993 e0a68bf630a4 8689777f c44f 46c9 bc0a a733b14143d5 f8cebdf0 dd35 4639 b7f7 1a3203f287db