Should I Sell my home during the Holidays?
5 REASONS TO SELL NOW
Here are five reasons listing your home for sale now makes sense.
1. Demand is Strong
The latest Buyer Traffic Report from the National Association of Realtors shows that buyer
demand remains very strong throughout the vast majority of the country. These buyers are
ready, willing and able to purchase… and are in the market right now!
Take advantage of the buyer activity currently in the market.
2. There Is Less Competition Now
Housing supply is still under the 6 months’ supply that is needed for a normal housing market.
This means, in most areas, there are not enough homes for sale to satisfy the number of buyers
in that market. This is good news for home prices. However, additional inventory is about to
come to market.
There is a pent-up desire for many homeowners to move as they were unable to sell over the last
few years because of a negative equity situation. Homeowners are now seeing a return to
positive equity as real estate values have increased over the last two years. Many of these homes
will be coming to the market this spring.
Also, new construction of single-family homes is projected to continue to increase over the next
two years, reaching historic levels by 2017, as builders regain confidence in the market.
Put your house up for sale before this additional competition comes to market.