
Why Real Estate Agents Should Always Brand In Stilettos
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The spring real estate market isn’t necessarily the best time to sell your house; you can get your house sold quickly and for top dollar at almost any time of year if you price it appropriately and it’s marketed correctly. But spring is definitely a time of the year many homeowners opt to sell their house.
It’s not a bad choice, since there are typically more buyers active in the market looking to buy a home. Plus, there’s a certain energy to the seasonally-driven market which just makes it feel like the perfect time of year to get your house sold quickly and for as much money as possible.
Then again, there are usually also more sellers to compete with in the spring as well, which can take away a bit of the edge you might have when selling during a time of year with less competition. But not this spring…
According to this Yahoo article, many sellers have gone on “strike” this spring, opting to not put their house up for sale.
It’s not that prospective sellers have all colluded as a group to do so; it’s that there’s a good amount of homeowners who have incredibly low mortgage rates on the house they currently own. This is causing some people to hold onto their current house because buying another one would mean taking on a higher mortgage rate.
That’s a fair reason for certain people not to sell this spring, but it’s also the exact reason it makes sense for other people to sell their house now!
Whether you have a low mortgage rate on your current house or not, there are still some reasons you might want to consider selling now, such as:
If you fit into any of those categories, you might want to seriously consider putting your house on the market this spring and take advantage of the current market conditions, such as:
The Takeaway:
Many homeowners have a low mortgage rate, which makes them hesitant to sell their house. This creates an opportunity for other sellers to capitalize on less competition and historically high home prices during this spring market.
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