Here are five reasons listing your home for sale this winter makes sense.
#1 - Demand Is Strong
The most recent reports from the Shasta County Board of Realtors shows that buyer demand remains very strong in many price ranges. These buyers are ready, willing and able to purchase… and are in the market right now! More often than not, multiple buyers are competing over a single home, netting top dollar for their home.
Take advantage of the buyer activity currently in the Redding housing market!
Check the value of your home INSTANTLY at www.shastahomevalue.com
#2 - There Is Less Competition Now
Housing inventory in Shasta County is still under the 6-month supply which is needed for a normal housing market. This means that there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for current homeowners who have gained equity as their home has increased in value. However, additional inventory could be coming to the market soon in the form of new construction.
Historically, the average number of years a homeowner stayed in their home was six, but has hovered between nine and ten years since 2011. There is a pent-up desire for many Redding homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.
The choices Redding home buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.
#3 - The Process Will Be Quicker
Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to 44 days, after seeing a 12-month high of 48 days in January.
#4 - There Will Never Be a Better Time to Move Up
If your next move will be into a premium or luxury home, now is the time to move up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly, AND you’ll be able to find a premium home to call your own! See all homes for sale at www.reddinghomes.com.
#5 - 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 is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?
Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire. If you are ready to make that move, give us a call at 530-222-3800 or email me directly at email@example.com, I'd be happy to discuss the options available in today's market.