If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so few homes on the market, buyers will have fewer options, so you set yourself up to get the most ‘buyer eyes’ possible on your house.
Here’s what industry experts are saying about why selling now has its benefits:
Lawrence Young, Economist
“Stock levels are still at historic lows. Consequently, multiple offers are returning on a good number of properties.”
Selma Happ, 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.”
Clare Passo, Executive News Editor
“Well-priced, move-in ready homes with street appeal in desirable areas are still receiving great offers and selling for over the asking price in many areas . . .”
Jeff Tucker, Economist
“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”
Bottom Line
If you’re thinking about selling your house, connect with a real estate advisor who can share the expert insights you need to make the best possible move today.
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