The Benefits of Selling Your Home Now, According to Experts
If you're considering putting your house on the market, this is what you should know: right now, there is a limited inventory of homes available for buyers. This gives you an advantage because it means there are more potential buyers than there are properties to buy. With fewer homes on the market, buyers will have fewer options, so are able to get more people looking at your house.
Here’s what industry experts are saying about why selling now has its benefits:
“Inventory levels are still at historic lows. Consequently, multiple offers are returning on a good number of properties.” - Lawrence Yun, Chief Economist at the National Association of Realtors (NAR).
“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.” - Selma Hepp, Chief Economist at CoreLogic.
“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...” - Clare Trapasso, Executive News Editor at Realtor.com.
“...sellers who price and market their home competitively shouldn’t have a problem finding a buyer.” - Jeff Tucker, Senior Economist at Zillow.
If you’re thinking about selling your house, let’s connect so you have the expert insights you need to make the best possible move today. Dianne Anderson is an award winning realtor who is ready to help you sell your home at the right price.