Why should you sell your home now? If you want to sell your home, try your chances now just before Spring hits in the next few days. KCM details the reasons why this is the best time to sell your home now.
1. Demand is Strong
Many buyers are currently vesting their time now to spot their new home in the market and by including your home for sale, it can increase your chances of closing the deal.
2. There Is Less Competition Now
The best way to delve in the market is when there are less competitions in the sea. Currently, the winter season held a pause in the supply of new homes and this indication may be your best bet to sell your place. The home listing in the market now needs more homes to supply new homeseekers.
"Housing supply just dropped to 3.9 months, which is well under the 6 months' supply that is needed for a normal housing market. This means, in many areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory is about to come to market."
"Also, new construction of single-family homes is again beginning to increase. A study by Harris Poll revealed that 41% of buyers would prefer to buy a new home while only 21% prefer an existing home (38% had no preference)," the outlet added.
3. The Process Will Be Quicker
Tedious paperworks and hefty checks is one thing that you don't want to experience in selling your home. Winter does help cut out this haggard ordeal, the process in this season needs lesser time which means that there is a quick turnaround for your papers.
"There is less overall business done in the winter," according to the article. "Therefore, the process will be less onerous than it will be in the spring. Getting your house sold and closed before the spring delays begin will lend itself to a smoother transaction."
