Why Now Is a Great Time to Sell
Is now the right time to sell? Find out today.
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Looking to sell your home? Click here for a home evaluation.
Is now the right time to sell your home?
In my view, yes it is, and here are a few reasons why:
1. Interest rates are low. Because of this, more buyers are out in the market to look at properties, meaning you’ll have a larger pool of potential people to purchase your home.
2. Our market is a strong seller’s market. Detached houses have risen by about 1% or 2% in price, yet the condo market has risen by 6%!
3. Inventory has dropped by 2%. This is due to the low interest rates and the easing on the mortgage stress test. Lower inventory means that there are fewer competitors in the market.
4. Summer vacation is over. Since people have finished their summer vacations, the fall market allows people to get back out there to search for homes—possibly even yours.
If you have any questions about selling your home in our market, don’t hesitate to reach out to me. I’d love to help you.