Is Now the Best Time to Sell?
You have, I’m sure, heard that the recent real estate market has been the slowest we’ve seen in many years. As a result, many potential sellers who would normally be selling have held off putting their homes on the market.
Now, if you have considered selling, would be an excellent time to reassess. The market is picking up, and waiting to put your home on the market may only mean you would face more competition from other sellers coming on the market.
Selma Hepp, Chief Economist of CoreLogic, explains that many sellers who were on the market last Fall may have pulled their homes off the market with the goal of trying again this Spring. As she says, “another reason for a step back could be that sellers wanted to wait and see how the Spring homebuying season goes. And if mortgage rates fall, which would bring more homebuyers and competition back in the market”
Add to all this is that Spring is normally the time of year when buyer demand is typically at its highest point for the year. Buyers are eager to find a home they can purchase and close during the Summer. It’s a great window for sellers.
In short, now may be the best time for you to consider putting your house on the market. Contact us for assistance in making the right real estate decisions for you and your family. You can reach us by phone or text 949-500-6365, email Frank@FrankDiLauro.com, or our website www.FrankDiLauro.com
