If you’ve been considering the idea of selling your home, this summer is a great time to list. The current inventory of homes for sale, in most areas, is still under the 6-month supply that is needed for a normal housing market… meaning less competition for you. It also means good news for home prices since demand is high and choices are few. You may be holding a major negotiating advantage when it comes to price, inspection, appraisal, and financing contingencies in this type of market.
So, don’t wait long! You’re not the only one hearing about this trend in the market. As a matter of fact, many homebuyers who have been wanting to sell for years will be putting their homes back on the market as they see how quickly houses are selling in their areas. Choices for buyers will continue to increase and you don’t want to wait until a flood of inventory comes to the market before you list your home. Take advantage of this sellers market opportunity to move on from the home you’ve been wanting to move out of in order to find your new dream home.
If you have been considering upgrading your home, now is the time to get a loan. Loan processing is going quickly with fewer than normal home sales for lenders to work through and it’s a great time to lock in a low interest rate. We’re seeing rates lower than 4%!
While the idea of selling your home and buying a new one can be daunting, please know that Michael Parico makes the process easy. He’s here to walk alongside you in this process. He will get you the most for your home and help you into your new dream home!