When is the RIGHT Time to Sell Your Home?

Have you been interested in selling your home, but still have hesitation on when is the best time to sell your home? If you have been waiting for the right time to sell your home, statistically, NOW is the right time to list your home for sale on the market. According to Zillow, mid-March to mid-April is the best time to start the process of selling your home.

Here are a few reasons why now is the time to list your home for sale in Anacortes :

  1. 1. Supply and demand

According to National Realtors the level of unsold homes was 4.6 months in February. This means a home will sell in less than five months, a typical sale usually takes between five and seven months. If the housing market is low with inventory, it will benefit you as a seller in a sense that buyers are urged to move quickly on placing in an offer to buy your home.

  1. 2. Fewer cash buyers

In the past few years, all-cash and investment buyers have maintained the real estate market. With fewer all-cash buyers the price growth in the housing market will make for a more stable and sustainable growth.

  1. 3. Increase in interest rates

It is predicted that mortgage rates are going to rise in the near future; this will encourage buyers to make their move in purchasing now, while the rates still remain low.

  1. 4. Rising cost of rent

As the price of rent increases, tenants become potential buyers and want to invest their rent towards owning a home.

Before you decide if now is the right time to sell your home, make sure you have your due diligence in order. Decide if a hiring a real estate agent is right for you (See tips for interviewing real estate agents here). Make sure you are ready to make the commitment in the process of listing your home for sale on the market.

If you are unsure of what the next step in listing your home for sale in Anacortes housing market, please contact Jean Groesbeck at 360-941-3734 or email at info@JeanGroesbeck.com for more information on the value of your home, and information on making the process easier for you. We offer 5 Star Real Estate Services

809 7th St Anacortes, WA - (360) 941-3734