If you’re thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make your decision to sell this fall an easy one.
Buyers are actively in the market. Buyer traffic jumped 60.7% compared to this time last year - a huge increase.
There are not enough homes for sale. Only 1.49 million units are available for sale, which is down 18.6% from one year ago.
The process is going quickly. Today's market is forcing buyers to do all they can do to stand out from the crowd, including getting pre-approved for mortgage financing. That makes the entire selling process much faster and simpler, as buyers know exactly what they can afford before shopping for a home. The time needed to close a loan is just 49 days.
There may never be a more important time to move. With the pandemic changing how we view our homes, homeowner needs are changing. Homebuilders are beginning to build houses again, so you can choose the exact floor plan to match what you need.
Bottom Line: The housing market is prime for sellers right now, so reach out to a local real estate professional to get the process started this fall. If the timing is right, the market is calling your name.
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