2 minute read

The Time to List Your House is Now!

Are you thinking about selling your house?

If so, you may want to make it a priority to start the process soon. If you’ve been putting your move on the back burner waiting for the ideal time to sell, you should know your golden window of opportunity is coming up. If you’re able to get your house ready quickly, here’s what you can expect:

1. You Should See More Buyer Activity

We can expect higher buyer demand based on what’s happened in previous years. This could result in increased competition among buyers and ultimately a bidding war over your house. And since mortgage rates recently ticked up over 4%, chances are good that analysis is right. When rates rise, experts say buyers often hurry to make their purchase before rates climb higher. As Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), says:

. . . Buyers are rushing to lock in lower rates as the outlook is for even higher mortgage rates in the following months.

2. Your House Is Expected To Sell Quickly

Additionally, houses sell even faster during this time of year, likely due to the heightened buyer demand. If you work with a trusted real estate professional to price your house right, it should sell quickly. And when homes are already selling in just 18 days according to NAR, that could set you up for a big win.

3. Your House Will Be in the Spotlight

Since the beginning of the year, the number of homes available for sale has been at or near record lows. According to a realtor.com study, the typical trend for this year is that there will be even fewer sellers on the market. If you list when inventory is low, your house will be the center of attention for eager buyers craving options.

Ready to get the ball rolling?

Let’s connect and schedule a time to go over your next steps. In the meantime, make a checklist of things you need to tackle to get your house ready.

When we talk, we can prioritize your to-do list and get you on the road to selling your house. Call Gambino Realtors at 815.282.2222.