Why this is a great time to sell your home?

Selling a house is a big decision, and there will be many factors in your decision to put your house on the market. The key is to not have to sell your house until the timing is right, at a time of the year when the market is hotter.

Home For Sale Signs In Front Of Beautiful New Homes.

When is a great time to sell your house? When you will get the most value for the property!

 

Several factors contribute to this, but always remember that time is the most important factor in achieving maximum value for your property.

While there is no way to tell when the housing market is at its top, the housing market we have seen does have some troubling similarities.  The idea to cash into your house and make a tidy profit while hoping the market to cool with the intention to find some bargains later is at a high stakes bet. Real estate market has a cyclical trend with ups and downs. However, it is not an excellent idea to speculate for most people as they’re not dealing with just money but with a real asset with real value.

Prices surged more than 10% in many markets last year, bidding wars are once again common, and homes are routinely going for well over the asking price in some cities. These trends make it seem like a return to the days of the housing boom.

The turnaround comes roughly seven years after the housing bust and signs that the economic recovery is picking up. As the unemployment rate drops and consumer confidence increases, more buyers are entering the housing market and sellers are finding that they have more leverage in negotiating the going prices of their homes.

More homes are expected to hit the market, and you will probably see that the number of “For Sale” homes will rise, with much of the extra supply coming from home builders. Since the recession, investment firms, including private-equity firms and hedge funds, have been purchasing large numbers of single family homes and turning them into rentals. Some analysts say that the supply & demand imbalance has helped to create this seller’s market by following this trend.

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