Sellers are returning to the housing market. The past 5, 6, 7 months have been tough for buyers. The number of homes for sale has been far below the demand.
We’re starting to see more sellers slowly come back into the market.
Sellers have more confidence after our worlds being rocked this Spring. The market (buyers) have proven that the pandemic didn’t affect home sales.
So, why is this GOOD for SELLERS?
A good time to enter the market is when the competition in your area is low, meaning there are fewer sellers than interested buyers. You don't want to wait for all of the other homeowners to list their houses before you do, providing more options for buyers to choose from. With sellers starting to get back into the market after five months of waiting, if you want to sell your house for the best possible price, NOW is a great time.
So, why is this GOOD for the BUYERS?
It can be challenging to find a home in today's low-inventory market. If more sellers are starting to put their houses up for sale, there will be more homes for you to choose from, providing a better opportunity to find the home of your dreams while taking advantage of the affordability that comes with historically low mortgage rates.
If you're thinking of moving this year, let's connect today so you're ready to make your move when the home of your dreams comes up for sale and when buyer demand is HIGH and you want to beat our competition.