Selling Your Northern California Home? Get a free home value report
Buying a Northern California Home? Search all homes for sale
Buying a Northern California Home? Search all homes for sale
With the spring selling season just around the corner, many homeowners plan on waiting to list their home until buyers have flooded the marketplace. Today, we share 5 reasons why it's NOT a good idea to wait to sell your home:
- Demand is strong: According to the numbers, foot traffic is currently the highest it has been in the last five months. In fact, a home we recently listed had multiple showings and received multiple offers in the same day!
- Competition is going up: As the spring season gets closer, more and more homeowners are going to list their home. With less competition now, you're more likely to get a more favorable value for your home.
- The process is quicker: The selling process will be much quicker now. The banks and the lending industry get bogged down in the spring and early summer because there are so many people looking to make a move. Now is a great time to list your home because underwriters, lenders, and bankers aren't getting bombarded by mortgage requests.
- Interest rates are low: Rates are expected to rise as high as 5.5% by the end of the year. Putting your home on the market, getting the best price possible for it, and locking in an incredibly low rate for your next property would be the smart thing to do right now!
- It's time to move on: What's the reason you've been thinking about selling? Do you want to move closer to family? Are you looking to save money? Have you been wanting to downsize or move up? Whatever it is, now is the time to make a cost-effective move in Northern California. Trust me, you won't regret taking advantage of these great conditions.
This spring market is predicted to be one of the hottest of all time. Waiting too long to make your move could cost you money. If you've been on the fence about making your move, the time has come to decide. With conditions as great as they are, I recommend you take advantage while you can!
If you have any questions, or if you would like any real estate assistance of any kind, don't hesitate to reach out to me via phone or email. I would love to hear from you!
