The Sweet Spot To Sell is Now

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If you are starting to think about if right now is the right time to sell your home, it just might be depending on your certain situation. 

There are many factors that can influence your decision whether or not to sell your home now or wait. Some of the factors include your financials, where you go when you do sell, mortgage rates, etc.

According to the latest Home Purchase Sentiment Index by Fannie Mae, 76% of consumers believe that now is the right time to sell.  

In the last few years, we have seen a significant increase in the amount of buyers and the decrease of available homes for sale. Still to this day, there are a lot more buyers in the market than there are homes to buy which means if you put your house on the market, you are likely to get many offers, most are even over asking price.

Ever since the beginning of the pandemic where the percentages were at an all time low, we have seen a significant increase every month since then as sellers’ hopes are increasing with how many buyers there are still. There may not be as much inventory that is needed for the amount of buyers but that just means sellers have the advantage and have had it for a while now.

Some consumers are even saying that now is even a better time to sell than in 2019, which was actually a very good year for the housing market.

If you believe that you are in the right circumstances to sell your home, contact a local real estate agent to start the process. You might need to do some research to see which agent would be the best for you and your situation. Begin the search now and that will give you some time to do some upgrading and getting the house ready to sell before it hits the market.