Why Now is the Sweet Spot for Selling Your Home
Are you hesitating to put your house on the market, wondering if it's the right time? Let's clear that uncertainty right away – it absolutely is. And the current real estate landscape offers two compelling reasons why.
Recent data from Calculated Risk paints an intriguing picture: there's been a 15.6% increase in homes for sale compared to the same period last year. Sounds like a surge, right? Well, yes, but let's look further back. In 2019, a year that represents the norm in the housing market, there were nearly 40% fewer homes available.
So, what do these numbers mean for you, the potential seller? Let's break it down.
1. More Options for Your Move
Ever felt stuck because your current home just doesn't fit your needs anymore? Maybe it's too big, too small, or simply not aligned with your lifestyle anymore. Well, the silver lining in this surge of inventory is that it gives you more choices for your next move. With a plethora of options available, finding a property that checks all your boxes becomes less of a challenge. Plus, teaming up with a local real estate professional ensures you stay in the loop about the latest listings in your area, making the transition smoother than ever.
2. Limited Competition
Despite the increase in available homes, it's important to remember that we're still a long way from the inventory levels seen in a typical year like 2019. According to a recent article from Realtor.com, while there's been improvement compared to last year, we're far from pre-pandemic inventory levels. What does this mean for you as a seller? Simply put, less competition. By pricing your property right with the guidance of an experienced agent, you're likely to attract considerable attention from eager buyers. Translation? A potentially speedy sale without the stress of battling numerous competing listings.
In conclusion, if you've been contemplating selling your home, the time is ripe. With an abundance of options for your next move and relatively low competition from other sellers, the conditions couldn't be more favorable. Ready to take the plunge? Give me a call 608-669-4226 or send me an e-mail john@integrityhomeswi.com
John Reuter
Integrity Homes
Broker/Owner
608-669-4226
Real Broker, LLC
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