fbpx
Skip to content

Why It Makes Sense To Sell This Fall

Deciding when to sell your house is tough, but there may not be a better time to list than right now. The current market is in favor of sellers’ right now, but this situation won’t last forever. If you’re thinking of making a move, consider these four reasons to put your house up for sale sooner rather than later.

 

1. Your house will be highly visible

 

One of the most significant challenges for buyers right now is the current lack of inventory of homes for sale. Though it’s improving, it remains at near-record lows. If you’re looking to take advantage of buyer demand and have your house in the spotlight, selling now before you’re up against a higher number of listings come to the market might be your best bet.

 

2. There will be competition

 

Not only are homes flying off the market, but they are also receiving multiple offers. On average, sellers are seeing an average of 4.5 offers, and they’re competitive ones. Buyers are coming prepared to participate in a bidding war right now. So, receiving several offers on your house means you can select the one that is most beneficial for your specific situation and financial well-being.

 

3. Your house will likely sell quickly

 

According to the Realtors Confidence Index released by the National Association of Realtors (NAR), on average, homes are selling in just 17 days. With that being said, average days on market is a strong indicator of buyer demand; meaning if homes are selling quickly, buyers are pressured to act fast and submit their offer before other buyers come into play.

 

4. Consider moving up

 

If your current home no longer meets your needs, it may be the perfect time to make a move. Today, homeowners are gaining a significant amount of wealth through growing equity, but it’s important to keep in mind that these near-historic low rates won’t last forever. When rates rise, even modestly, it’ll impact your monthly payment and your purchasing ability.

 

If you’re thinking about making a move, connect with one of our agents to chat about why you should consider listing your house now.