Right now, you’ve got a great chance to get a head start in real estate before the spring market is in full swing. If you have been thinking of putting your home on the market, the time to do so is here. There are a few reasons why this is.
1. Interest rates are going to rise. According to recent news from the Fed, we can expect rates to increase in just four to six weeks.
2. A lot of buyers are entering the market. Because of pent-up demand and uncertainty surrounding the tax changes, many people have been waiting around to make their move. Right now, this is changing. People are re-entering the market and are ready to buy.
If you have been thinking of putting your home on the market, now is the time to do so.
3. Inventory is still low. This January, inventory was 12% lower than it was in January of 2017. Listing in a market with such low inventory will help your property stand out.
4. Landscaping is not a huge factor right now. Unlike in the spring, your yard is less of a consideration at this time of year.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.