Many home owners are waiting to list their homes in the spring buying season.
Here are 5 reasons why that might not make sense this year.
1.) YOUR HOME HAS LESS COMPETITION ON THE MARKET
A key factor in selling your home in the winter months, is there are not as many homes for buyer to choose from. Allowing you to be front and center for some of these more serious buyers looking to purchase a home. Also fewer homes on the market create a greater demand.
2.) DAMAND IS HIGH
Homes are selling at a pace not see since 2007. Supply is low meaning increases in the worth and prices of homes. This is a seller's market. Listing now could put more money in your pocket.
3.) LENDERS ARE PAYING ATTENTION
Most lenders will changed their processes to accommodated the market. This means they are shifting their processes in closing purchase transactions in a shorter time-line. If your offer ask for more than thirty days, I would be asking why!
Lenders understand shifts in the market towards purchases and they make sure they can entertain the purchase transaction and take care of you.
4.) SERIOUS BUYER'S ARE LOOKING NOW
Most people are to busy toying with the idea of buying a home. You can be very sure that the ones that are looking are serious buyer's. Often new beginings start in January new jobs so there are potentially transferees looking to buy new homes.
5.) INTEREST RATES ARE PREDICT TO GO UP
Take advantage of these historically low interest rates, because they can only go one way and that is up. Acting now could save you a considerable amount of money, and keeping your homes expenses low before the interested rates go up.