Lately, we have had some past clients reaching out to ask us whether we think they should sell their homes now or wait. So we thought it may be a good idea to share a list of our top 3 reasons why listing your home now is a good idea:
- We hear a lot of “prices keep rising so we are just going to wait”.. well that’s probably true but the price of your future home is also increasing. Whether you are moving up or down, home prices are still on the rise in 2021 and possibly into 2022. If you wait to sell your current home, the cost of the new home is also increasing which may decrease your purchasing power (something to think about)!
- Interest rates are still at historic lows which can help offset the increase in home prices we’re seeing. It’s a great time to still take advantage of the low rates while you can if you’re moving up or buying another property after you sell.
- The amount of inventory could possibly start to increase which may decrease that massive demand we’re seeing now. If you want to take advantage while it’s on the extreme high end (i.e. more multiple offers driving higher prices and better terms), now is the time!
Every situation is different, but if you are curious about whether or not the time is right for you to sell.. Let’s schedule a call to chat about your goals and Sammi & I can run a market analysis on your home. After looking at all the factors with a big cup of coffee (or cocktail) in hand, you can make an informed decision about whether or not now is a good time to put your house on the market. And if it’s not the right time, at least you will get a better idea of what your home is worth!
Always,
Lisa
Direct 615-301-8661
Office 615-541-5114
lisa@nashvilleonthemarket.com
