Thanks for joining me today! Can you believe Halloween is just a week away? With winter around the corner, I have a lot of sellers ask if they should wait until next year to list their home.
The answer is no! Now, is a fantastic time to sell your home and I’ll give you three reasons why.
- Inventory is lower than it has been in five years - The amount of pending homes is highest it’s been in more than nine years. That means there is a strong demand and fewer homes on the market. That’s less competition for you!
- Interest rates are low - We did see a slight increase, but 4 percent is still incredibly low. Even the slightest increase affects your buying power. If you are looking at a $400,000 property and interest rates increase to 6 percent, you now only have the buying power to purchase a $320,000 home. That’s a significant difference. Don’t wait!
- The market will remain strong through the fall - With the pent up demand and such low inventory, the market will continue to go strong through the fall and winter months.
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