Though today’s uncertain financial situation in the housing market may not seem ideal, there are certain benefits to doing so. You can choose to sell my house now and learn the benefits.
The most obvious benefit to selling a house now is the recent upswing in the otherwise rather bleak economy. Home buyers are more willing now than in the past few years to purchase a new home, and as the market continues to recover there is no time like the present. Interest rates are also slowly back on the rise, and while that isn’t great news for new home buyers, it most likely won’t deter them as the market gets back on its feet.
Another reason you may decide to sell my house now and learn the benefits is the fact that there is actually a low supply of homes on the market right now. Historically, a six-month supply of houses on the market is considered standard. We currently sit at around 4.6 months of homes, which is an all-time low and means that there will be more home buyers out there than homes for them to buy. This is good news for you, the potential home seller, as it means that the process of selling your home will most likely be quicker than in a market flooded with empty homes. New construction is beginning again, meaning that now will be the time to sell before new homes become more widely available.
Rent prices are also going up across the nation, which means that many people are looking into becoming first time home buyers rather than choosing to rent again. Though renting can be somewhat of a double-edged sword in the fact that it can make saving up for a down payment on a new home next to impossible, it does mean that many renters will be pushed into the market for the first time.
Should you decide to sell my home now and learn the benefits, you could also realize that the best time to upgrade your housing choice will be the present. Home prices are still relatively low, so the time to move into a larger, more expensive home is now.
Finally one of the best reasons to sell your home now is that it’s simply time to move on with your life. If you find yourself questioning whether or not your current home can handle your family’s lifestyle, the choice may seem obvious. Despite all the financial and market reasons to list your home now, the real reason that the time is right may be entirely emotional. Getting your home sold and moved into a larger home, or a home in a better neighborhood closer to work can bring you great peace of mind and be a very rewarding experience.