Monday, April 1, 2013

5 Reasons Why You Should Sell Now!

Current Market Opportunities That Should Not Be Missed


 Only Serious Buyers Are Out

At this time of year, only those purchasers who are serious about buying a home will be in the marketplace.  You can rest assured that the people coming to look at your home are will not be wasting your time!

There is far less competition 
Housing supply always shrinks dramatically at this time of year. This year will be a little different as some of the distressed properties being liquidated by the banks (in the form of foreclosures & short sales) will enter the market. However, for those buyers looking for a non-distressed property, the choices will be limited. Don’t wait until the spring when all the other potential sellers in your market will put their homes up for sale.

The Process Will Be Quicker
One of the biggest challenges of the current housing market has been the length of time it takes from contract to closing. Banks have been inundated with both purchase and refinancing loan requests. Both of these will slow in the winter cutting timelines and the frustration these delays cause both buyers and sellers.


There Will Never Be a Better Time to Move-Up
If you are moving to a larger, more expensive home, consider doing it now. Prices are only  projected to increase by over 15% from now through 2016. If you are moving to a higher priced home, it will end up costing you more (both in down payment and mortgage payment) if you wait.


You can also lock-in your 30 year housing expense with historically low interest rates right now!!  
There is no guarantee rates will remain at these levels in years to come.
Why wait, now is the perfect time to get your house on the market and look forward to a quick sale!

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