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When Is the Best Time to Sell?
Manage episode 153289243 series 1087147
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Today we are going to talk about when the best time to sell is if you’re looking to make a move in 2016. I strongly believe now is the best time to sell, and sooner is better than later. Here’s why:
1. Inventory. There are fewer homes on the market now than there were at the same time of year in 2014 and 2015.
2. Market conditions. Right now, we have low inventory. As we get closer and closer to the summer, our inventory will increase, balancing our market out.
3. Interest rates. Interest rates are lower than they have been in a long time, but they are expected to rise soon. Buyers have a sense of urgency because their affordability could go down significantly with any increase in rates.
4. Any possible wild cards. This year we have a few wild cards to consider, including the fact that we are in an election year and the uncertainty of the global market in China and Europe.
2. Market conditions. Right now, we have low inventory. As we get closer and closer to the summer, our inventory will increase, balancing our market out.
3. Interest rates. Interest rates are lower than they have been in a long time, but they are expected to rise soon. Buyers have a sense of urgency because their affordability could go down significantly with any increase in rates.
4. Any possible wild cards. This year we have a few wild cards to consider, including the fact that we are in an election year and the uncertainty of the global market in China and Europe.
Considering these conditions, I strongly believe if you are planning to sell in 2016, sooner is better than later, and now is the best time. Each situation and limitation are different, so we can take that into account when we meet in person.
If you have any questions for us or any topics you’d like us to discuss in future videos, let us know by phone or email. We look forward to hearing from you!
If you have any questions for us or any topics you’d like us to discuss in future videos, let us know by phone or email. We look forward to hearing from you!
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