The top reasons why you should SELL your home NOW are the same reasons why it's also TIME TO BUY!
Low interest rates mean more BUYERS! While interest rates are on the rise, and predicted to reach 5% before the end of 2018, they are still far lower than some years have seen. Buyers know that the longer they wait to buy, the more expensive it will be so they are looking to purchase NOW, before higher rates kick in.
There's still a shortage of available homes for sale. Lately, more and more homes on the market are reportedly seeing bidding wars, with buyers submitting offers far higher than they might otherwise, given the shortage of available housing. Also, many buyers are offering more favorable terms to sellers, negotiating contracts with the shortage in mind.
Cash offers are also on the rise, with investors snatching up prime properties for great prices because, let's face it, cash is king. Given that many people have insurance settlement money and FEMA payouts after Hurricane Harvey's rec ent rampage in Texas, more people have the cash or large down payments, and they are re-investing these funds in the housing market. Everyone needs a place to live.
Lower unemployment and growth of personal income also has more people looking to purchase than ever before, and this is adding to the housing shortage. The Millennials have graduated from college and found stable jobs, and they are all looking for nice properties...and they have the money (or credit) to pay for it. More home buyers=better deals for home sellers.
There's never been a better time to sell your home, and even to purchase another property as well. Call me today for assistance in listing your home. I can send you our buyer's package explaining in detail what I can do for you as a Realtor. I will be happy to provide you with a home valuation, at no charge, to let you know how much you can expect to earn from the sale of your home. Melissa Plaster 936-537-9103
Author:Melissa Plaster Phone: 936-537-9103 Dated: January 22nd 2018 Views: 269 About Melissa: ...