Normal is going out the window. Conventional wisdom is changing, and the real estate market isn’t immune. In the past, it’s normal to wait until the prime time of the real estate selling season (spring) to list your home, but this year may be different. You may want to list early.
There aren’t many homes on the market currently. This is always a benefit for you sellers. The lower the inventory, the more your home is noticed by potential buyers. Take advantage of this before more and more homes are listed this spring.
Phoenix is predicted to be a hot market this year, with many people looking to move to the area – Low inventory, lots of buyers.
Check out all the Gilbert homes currently on the market
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With the mortgage rate changes recently, buyers are more eager to buy a home quick to lock in a good rate. The buyer demand is high, but the inventory is low. This is a great recipe for you sellers. These motivated buyers are more likely to seriously consider your home. Why wait to list it?
And remember, with so many people looking to move to Phoenix, that’s just more potential buyers for your home.
Your Next Step
Typically after you sell your home, you’re going to need to buy a new one. The sooner you sell, the sooner you’ll be able to buy and lock in a low mortgage rate yourself. Think about what’s going to work best for you. If you list early, you’re likely to benefit from it. If you have the option, don’t wait any longer!
Ready to list your home?! CALL/TEXT us today! 480-415-5233
Check out this Realtor.com article for some more insight on why you should list early.
If you want to learn about some financing options, or if you’re looking to get pre-qualified, contact Parker Turk at Sun American Mortgage Company: 602-616-3774.