Thursday, February 11, 2016


Thinking of selling your home? No need to wait for the spring market! Here are 5 reasons why you should list now.
1. Don't wait until Spring to list your home--do it now.

With inventory levels dropping you face far less competition to sell your home. Buyers are in the market and are seeking more quality inventory. Inventory shortages are across the board in all price categories, so don't second guess whether there is an abundance of homes on the market in your price range. The prospects for a strong housing
market continue into 2016.
2. Serious buyers are out there shopping.
Consumer confidence has returned to pre-recession levels. Despite adverse winter weather conditions, REALTORS® report strong activity and steady foot traffic. People are stepping up their online searches as well. Less competition means more exposure for you as individuals begin their search process online through the various real estate search engines. Homebuyers in 2016 are likely to be a combination of both repeat buyers, first-time buyers and boomerang buyers who have been renting since they lost their homes due to default. Buyers are making their move to purchase before interest rates inch higher.

3. There is less competition. 
Spring typically brings more sellers to market. Be early to this real estate party versus late. Get your house listed on the market now to beat the flurry of sellers waiting until spring to list their home for sale. The longer you procrastinate means you will be selling alongside a greater number of sellers within your price range when the weather breaks. As the economy continues to strengthen in 2016, there will also be a substantial increase in new single-family construction to meet the rise in household formations.

4. Move on to that new chapter in your life.
More than likely you have been evaluating your options for some time now and this is not a quick spur of the moment decision to sell. Make your move this winter so that you can focus on other things this spring and enjoy the outdoors! Better yet, lock in those interest rates before they move higher. The 30-year fixed rate mortgage averaged 4.125% in January. Predictions are they could reach 5.25% in late 2016 or early 2017 which is a full percentage point higher. That means several more thousand dollars more you will need to pay over the full-term on your mortgage at a higher interest rate level.

5. Price is king in this market. 
Pricing your home correctly on the front end is key and critical to getting your home sold. Your target should be getting a strong offer for you home. Now, more than ever you need the special skills and expertise of a REALTOR® who can help guide you through the process of pricing your home. Have you done any updates to your home recently? Make sure to factor those in.

Dino Micheli Realty is the company to make it happen for you!

"Dino Gets the Deal Done!"

No comments:

Post a Comment