What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

Marcos Flores

Discover Your Perfect Home

Marcos Flores

PG & Associates Inc

5 Reasons to Sell This Fall

September 03, 2019


Below are 5 compelling reasons listing your home for sale this fall makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase…and are in the market right now. More often than not, in many areas of the country, multiple buyers are competing with each other to buy the same home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory is still under the 6-month supply that is needed for a normal market. This means that in the majority of the country, there are not enough homes for sale to satisfy the number of buyers.

Historically, a homeowner would stay an average of six years in his or her home. Since 2011, that number has hovered between nine and ten years. There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years due to a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

Many homeowners were reluctant to list their homes over the last couple years, for fear that they would not find a home to move to. That is all changing now as more homes come to market at the higher end. The choices buyers have will continue to increase. Don’t wait until additional inventory comes to market before you decide to sell.

3. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and simpler, as buyers know exactly what they can afford before shopping for a home. According to Ellie Mae’s latest Origination Insights Report, the time needed to close a loan is 43 days.

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move up. There is currently ample inventory for sale at higher price ranges. This means if you’re planning on selling a starter or trade-up home and moving into your dream home, you’ll be able to do that in the luxury or premium market.

According to CoreLogic, prices are projected to appreciate by 5.2% over the next year. If you’re moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage) if you wait.

5. It’s Time to Move on with Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to these questions. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.


Tags:

Featured Listings

sold
Captivating 5-bedroom, 2.5-bath residence boasts 2,090 sqft of meticulously designed interior living space, nestled on a generous lot spanning 7,490 sqft. Step inside to discover the allure of new laminate flooring, bathing the home in warmth and style...
$810,000
sold
5
beds
2.5
baths
2,090
Sq Ft
sold
Step into your serene and spacious dream home in N San Bernardino! This captivating residence boasts 4 bedrooms, 3 baths, and offers 1,423 sqft of elegant interior living space on a generous 7,260 sqft lot. Enjoy ample room for comfortable living and more
$549,900
sold
4
beds
3
baths
1,423
Sq Ft
listed
Discover your ideal desert oasis in this beautifully upgraded 3-bedroom, 2-bathroom home situated on an expansive 60,548 sqft lot. With 1,300 sqft of living space, this residence offers a spacious and comfortable environment for your family....
$339,900
listed
3
beds
2
baths
1,300
Sq Ft
sold
Brimming with character and showcasing quality upgrades with custom-built features, there's a lot to love about this remarkable residence!
$895,000
sold
4
beds
2
baths
1,898
Sq Ft

Recent Posts