On the Fence of Whether or Not To Move This Spring? Consider This.

If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn to the data.

Today, the demand for homes is significantly greater than what’s available to purchase. Since buyer demand is so high at a time when seller traffic is so low, there’s a good chance buyers will be competing for your house. According to NAR, in February, the average home sold got 4.8 offers. When buyers have to compete with one another like this, they’ll do everything they can to make their offer stand out. Selling when demand is high and supply is low sets you up for a big win.

If you’re also looking to buy a house, you may be tempted to focus more on low seller traffic and wonder if it means you’ll have trouble finding your next home. But remember this: perspective is key. If you look at the big picture, the opportunity you have as a seller today is unprecedented. Even though finding your next home in a market with low inventory can be challenging, is that concern worth passing on some of the best conditions sellers have ever seen?

As added peace of mind, remember real estate professionals have been juggling this imbalance of supply and demand for nearly two years, and they know how to help both buyers and sellers find success when they move. DM me to help you capitalize on the great opportunity you have as a seller today and guide you through the buying process until you find the perfect place to call your next home.

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