5 Reasons to Sell Your Home This Spring
2020 brought a lot of uncertainty with the health crisis which made a lot of people think twice about selling their home. This year however we are definitely starting to see a change, and the numbers are showing that. Fannie Mae shows that 57% of consumers believe now is a good time to sell.
Historically spring is the busiest season when it comes to the housing market and experts see no reason why this year should be any different, so what does this mean if you’re thinking of selling your home?
- Fewer homes to buy, means your house will be more likely to rise to the top of a buyers list
- The high buyer demand is creating upward pressure on home prices
- The average home is receiving multiple competing offers
- More equity means you can put that towards a down payment on a new home when you move
- In this market we are seeing more homes available in the higher price ranges so finding an “upgrade” home will be less of an issue
Bottom line, inventory is low and demand is high so if you are even slightly considering it talk to a professional and see what your best options look like!