Want to sell your home in 2019 but now sure when is the best time? Actually, now is the best time and here is why:
• On average, more properties come on the market during April-June. If you can, avoid listing your property during these months because when selling your home, competition is not your friend. The more choices buyers have, the more they will negotiate to lower your price and/or get you to make more costly repairs on your house. Buyers are also more willing to walk away from negotiations if they don’t get their desired price because they know there are other properties to choose from.
• Right now there are buyers eager to become homeowners before interest rates go up and they projected to go up incrementally each quarter of 2019. Since inventory is still somewhat low right now, buyers are less willing to walk away from a transaction.
• If you are going to wait to sell your property at the end of the year to make more money, if you buy another property after the sale of your home, that future home is going to cost more at the end of the year than it would cost now.
• Since interest are predicted to go up, there will be fewer buyers able to purchase your home as the year progresses. The fewer buyers for your home, the less likely buyers will compete against each other to buy your home for top dollar.
If you’re thinking of making a move, call me today to start a conversation…