The Benefits of Selling Now, According to Experts

The Benefits of Selling Now, According to Experts

Discover the advantages of selling your house now, as highlighted by industry experts. If you're contemplating whether it's the right time to sell your home, here's essential information to consider. The current scarcity of available homes gives you a significant edge in the market. With more prospective buyers than there are homes for sale, the limited inventory ensures heightened visibility for your property.

Industry experts provide valuable insights on the benefits of selling now:

Lawrence Yun, Chief Economist at the National Association of Realtors (NAR): "The inventory levels remain historically low, resulting in multiple offers on a substantial number of properties."

Selma Hepp, Chief Economist at CoreLogic: "We have observed a lack of the usual increase in new listings from current homeowners. As a result, housing undersupply will continue to intensify market competition and exert pressure on prices across most regions. Some markets are already experiencing considerable heating, but the price premiums seen last spring and summer are unlikely to repeat."

Clare Trapasso, Executive News Editor at Realtor.com: "Well-priced homes in move-in condition, boasting attractive curb appeal in desirable areas, continue to attract multiple offers and sell above the asking price in numerous parts of the country..."

Jeff Tucker, Senior Economist at Zillow: "...sellers who set competitive prices and effectively market their homes should have no trouble finding buyers."

In conclusion, if you're contemplating selling your house, it is advisable to consult a real estate advisor who can provide expert insights and guide you towards making the best possible move today.