Could this be the best time to sell your house?
I, and many other real estate experts, are suggesting that this could be the best time to sell your home.
Here are a few points supporting my belief that this could be the best time to sell your house:
- Inventory is low. We all know that demand and supply affect prices of any goods. We are currently experiencing a shortage of homes on the market. With roughly 1.4 months of inventory, this low supply of inventory suggests that homes on the market might receive multiple offers, due to high demand, which will net sellers more than expected.
- Prices are high. Prices have been pushed higher; in our local Roseville, Rocklin, Granite Bay markets, many homes value are exceeding 2006 peak of the housing bubble. One reason which encouraged many buyers to purchase is historical low interest rates. Buyers want to lock in these low rates before FED hikes up rates again. Also, some buyers were seating on the side line waiting for the election turbulence to pass. Now, more buyers will enter the market again, which will keep the demand healthy going into Spring.
These points suggest that this could be the best times to sell your home.
For a FREE MARKET ANALYSIS, contact me at (916) 204-6478.
By, Flaviu D. Budean
