We hear so much talk about how it’s a great time to buy. And it’s true — it is a great time to buy. But it’s also a great time to sell. I’m sure you’re thinking “Well, the market is either good for one or the other. If it’s good for buyers, how is it good for me?” We’ll give you five reasons why it’s a great time to put your home on the market.
Time of Year
In spring, everyone wants something fresh. They dabble in purchasing a new home, going to open houses and putting in low-ball offers with the hopes of getting lucky. These “lookers” and “browsers” are now consumed with fall activities and holiday shopping. Buying a home is put off til next year. Besides – nobody wants to move when there is snow on the ground. What a hassle. So if you’re dealing with a buyer during the winter time — they’re serious. This may mean less showings, but more potential offers.
Demand is High
The most recent Existing Home Sales Report by the National Association of Realtors (NAR) showed a 17.2 percent increase in sales over July 2012; sales have remained above year-ago levels for 25 months. There are buyers out there right now and they are serious about purchasing. They want your home.
Your Dream Home Will Never Be Cheaper
If you’re a seller, odds are that your family will need a new home to live in. You can get into a very affordable new construction — design the home of your dreams! We’re actually working with Beacon Homes and their Swatling Falls Development. If you think that new construction is out of your price range — put those thoughts on hold and talk to us about Swatling Falls and buying new construction in Saratoga county. You’ll be amazed at what comes standard on these custom homes.
Interest Rates Are Rising
According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year mortgage have shot up to 4.57% which represents a jump of more than a full point since the beginning of the year. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison projecting that rates will continue to climb.
Whether you are moving up or moving down, your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.
Time to move forward, onto bigger, better things. Selling your home will give you the freedom to live where you’d like to live — across the country or across the school district. Buying up will give your family room to grow. Maybe you’ve been considering selling because you’re in a tough place financially. Why struggle? It’s time to live the life you’ve desired.
If you’re thinking of selling a home in Albany county, selling a house Saratoga County, selling your home in Rensselaer County or selling a property in Schenectady county – call or email the Eberle Real Estate experts. We’d be happy to give you a free consultation.