Here are four reasons to sell your home this spring.
We’re officially in the spring season, and the real estate market is red-hot. Today I’ll answer a question on many sellers' minds this time of year: What are the advantages of selling your house during the springtime?
1. Great weather. Once the weather becomes warmer, there will be no better time to spruce up your curb appeal. The flowers and trees are in bloom, the grass is green, and the sky will be clear and sunny.
2. Active buyers. Springtime is when most buyers are out and about in the market; they want to close on their homes before the summer so they can get settled in and make the most of the hotter months. This also allows them to get everything ready before the fall, when kids go back to school.
3. Low inventory. Most sellers want to list their homes in the summer when they have more free time, but if you wait until then to list, you’ll have that much more competition in the market. Why not sell when there are plenty of buyers but fewer sellers? By selling now, you'll likely receive multiple offers and sell for top dollar.
4. Low interest rates. Last month, interest rates hit an all-time low, which increased how much homebuyers could afford. That, in turn, increases how large your pool of potential buyers is.
The bottom line is that if you’re thinking of selling your home, the spring is the time to do it—don’t wait until the summer. If you have any questions about selling your home or anything else to do with real estate, feel free to reach out to us. We’d love to help you.