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Are you considering selling your home but unsure if now is the right time? With the U.S. housing market in a state of rebalance, many buyers and sellers are remaining cautious. However, low inventory has created a high demand for housing, making it a prime time to put your home on the market.
According to the National Association of Realtors®, new listings decreased 17.3% for residential homes and 25.6% for townhouse/condo homes, while pending sales decreased 13.5% for residential homes and 22.9% for townhouse/condo homes. With fewer homes available, buyers are eager to find their dream homes and are willing to pay a premium price.
Additionally, mortgage rates have declined steadily throughout January, falling to their lowest level since September. This has sparked a recent surge in mortgage demand and is expected to lead to an uptick in market activity ahead of the spring selling season.
If you have recently contemplated seeing your homes value or are ready to take advantage of the current market conditions and sell your home now, I’m here to help! As a passionate and ambitious Realtor, you can be sure that I will utilize all the tools and resources available to ensure that your home is seen by as many potential buyers as possible! I will guide you through the process and work tirelessly to ensure you get the best possible value for your property! Don’t hesitate to reach out to me and let’s work together to make your home selling goals a reality.
