Here are five reasons listing your home for sale this winter makes sense.
1. Demand Is Strong
The latestBuyer Traffic Reportfrom theNational Association of Realtors(NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.
Take advantage of the buyer activity currently in the market.
2. There Is Less Competition Now
Housinginventoryis still under the 6-month supply that is needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon.
Historically, the average number of years a homeowner stayed in their home was six, but has hovered between nine and ten years since 2011. 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. As home values continue to appreciate, more and more homeowners will be given the freedom to move.
The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.
3. The Process Will Be Quicker
Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According toEllie Mae’slatestOrigination Insights Report,the time to close a loan has dropped to 44 days, after seeing a 12-month high of 48 days in January.
4. There Will Never Be a Better Time to Move Up
If your next move will be into a premium orluxury home, now is the time to move up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly, AND you’ll be able to find a premium home to call your own!
Prices are projected to appreciate by 4.7% over the next year according toCoreLogic.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.
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 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.
Author:John Priestash Phone: 972-800-7369 Dated: December 5th 2017 Views: 856 About John: John was born and raised in Pennsylvania and has now lived in Texas for 14yrs. Upon graduating high ...
Keisha's goal is to provide a level of customer service that builds a long-lasting relationship and not just a one-time transaction with her clients. She believes that buying a home is one of the most important purchases we do in our lifetime. She carefully listens to her clients, being sure to understand their wants and needs. Keisha’s knowledge, experience, and understanding the nature and complexities of each real estate transaction are the keys that differentiate her from other agents. Friendliness, honesty, integrity and market knowledge round off her skill-set to make every real estate transaction as smooth as possible.
Keisha says, "I LOVE, LOVE, LOVE my clients and I LOVE helping them find THEIR home, making informed decisions and providing them with impeccable service.”
McKinney has been home to Keisha and her family for over 20 years. Her roots run deep in Collin County giving her a leg up on understanding the area and guiding her clients as they chose where they would like to live.
As a wife, mother of 3 and a former teacher Keisha understands how to develop a plan that focuses on her clients individual needs, educating, guiding, advising and opening the appropriate doors for them to meet their housing wants and needs. If North Texas / Collin County is the place that you want to call home, let Keisha show you why her clients call her a dear friend after working with her!
If you’re in the market for your next home, or perhaps your first, y
"As a result of unforeseen circumstances I agreed to have my house up for Sale. Additionally, due to my emotional attachment to the house and due to the unknown associated with this new transition phase, I was very fearful of the process. I used a company-internally-provided referral list. I was intrigued by the magnitude of the positive comments I read about Keisha York . I decided to reach out to Keisha in order to explore a possible Real Estate business representation. I work for a Corporation that evaluates performance uniquely based on customer satisfaction. I am known for demanding perfect execution and hold someone accountable for the results. All throughout the sales period, I kept a watchful eye for missteps or some possible improvement process. There was NONE. You have to deal with Keisha to know the Keisha I have come to know. She is is a real estate savvy, in that she has this unique ability to determine the formula of success specific to the area we live in and is always at least 2 steps ahead in determining the outcome of a transaction. She is calm, intelligent, and creative. She is the most charismatic and sincere REALTOR I know. She quickly earned my trust (not an easy task:/ ) and exceeded all my expectation. She is not just a “Sales agent”, no, she was much more than that. She was smart, driven, confident, and has so much heart that it was easy to notice how passionate she is with her job. I am convinced without hesitation, she was miraculously sent to me. She worked very hard, and she cares immensely. Today, she is no longer my Realtor, she is my trusted friend. I am very grateful to have met her and infinitely thankful for her services."