Buyer demand will remain strong
Buyers are out in full force looking for their dream homes. Buyers are often competing with one another for the listings that are available. According to the NAR, the median days on the market for a listing was only 42 days last month! If that isn’t enough to make you want to sell this spring, read on.
There is less competition now
Housing inventory is still under the 6-month supply that is needed for a normal housing market. This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market.
There will never be a better time to move up
Prices are projected to appreciate by 4.3% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in both down payment & mortgage payment if you wait.
It’s time to move on with your life
Look at the reason you decided to sell in the first place and determine whether it’s worth waiting. Perhaps the time has come for you and your family to move on and start living the life you desire.