Have you thought about selling your home, but you aren’t sure when the right time to put your house on the market is? Well, the answer is now. Spring 2021 is already proving to be an optimal time for sellers to make an easy and profitable transaction on their property. Don’t believe it? If you’re ready to make a big move in the right direction, these five reasons to sell your home right now might convince you.
Buyer Demand Is Booming
As the post-pandemic world slowly makes its way back to “normal,” as does the housing market. In fact, the percentage of home buyer showings is up by more than 50% compared to this time last year. The massive increase in homebuyers means there is a more competitive market and a better chance of selling your home for a great price. So don’t wait to hop on this opportunity!
A Lack of Homes for Sale
Because the buyer’s market is currently oversaturated, there simply aren’t enough homes to accommodate everyone trying to buy right now. Therefore, houses are selling almost instantaneously after hitting the market. With the demand for buying greater than we’ve seen it in over a year, the opportunity for sellers to negotiate the best possible deal for their home is at an all-time high.
Today’s Market Works in Your Favor
Speaking of negotiations, today’s market is excellent for sellers. Since there are clearly more people interested in buying rather than selling homes today, sellers are able to better leverage the price they want with every offer they receive. There truly isn’t a better time than now to sell your house on your own terms.
Make the Most of Your Home Equity
Overall, the value of homeowners equity has increased immensely since last year, and it’s only continuing to rise. Therefore, you can take this new-found profitable value on your home and put it towards your next property. Why not use your equity savings and this amazing seller’s opportunity to fulfill a bigger goal like finding a home that’s even better than the one you’re living in now?
Find Your Dream Home
Selling your home means you also need to find a new place to live, so it’s the perfect time to find a home that better suits your needs. Maybe you added a new member to the family and need an extra bedroom, or maybe you got a new job in a different location and want to shorten the commute. A lot can change in a year, especially in one like 2020. Whatever the case may be for you, selling your property now can help you find the ideal home for you and your family.
No matter how you look at it, today’s real estate market is certainly in favor of the sellers. Spring 2021 brings an opportunity that you don’t want to miss. If you have more questions about selling your home, don’t hesitate to contact Knob & Key Realty today!