Reasons to Sell Your House in 2018
Perhaps you haven’t yet considered selling your house for sale in Eastover this year. However, if you think that you’re ready for something different, data shows that 2018 is the year to make the leap.
According to a recent Trulia survey, 31 percent of survey respondents believe that 2018 will be a better year for selling a home than 2017. Only 14 percent said they expected it to be worse. The kicker is this. A mere 6 percent of homeowners surveyed plan to sell their home in 2018, despite the positive outlook! Read on for reasons to sell your home in 2018 and how to prepare.
The fact that only 6 percent of homeowners in this survey plan to sell their home this year means that low inventory will continue. For home sellers, this means that demand for your home for sale in Cotswold will be hot!
Home buyers are truly chomping at the bit, and it’s essential to take advantage of this market environment while it lasts. Reports from Zillow show that later this year, it is likely that home builders will start constructing more starter homes to meet the ever rising demand.
Interest Rates are Still Low
Another reason to sell your home now? Interest rates are still low, paving the way for more potential buyers to snatch up your Providence home for sale. The Mortgage Bankers associating predicts that rates will rise to 5 percent in 2019 and 5.3 percent in 2020.
These higher rates often mean less competition among buyers and therefore, less bidding wars for sellers.
How to Prepare
The bottom line is that inventory is still at an all-time low and demand is extremely high. Market conditions after 2018 are very uncertain, and now is simply the time to sell.
In this market, there are three primary areas to focus on to get your house ready: Declutter, repair and put effort into curb appeal. If you seriously tackle these three things, your house will likely generate ample interest. Call Homes By Cross today and we will sell your house fast and for top dollar!