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SoldWATCH Tracy: 6/29/16
5 Reasons to Sell This Summer
As the temperature rises, buyers are coming out ready to purchase their dream
homes. The summer is a great time to list your home for sale. Here are five reasons
1. Demand Is Strong
Buyers are ready, willing and able to purchase... and are in the market right now!
Take advantage of the buyer activity currently in the market.
2. There Is Less Competition Now
According to NAR's latest Existing Home Sales Report, the supply of homes for
sale is still under the 6-month supply that is needed for a normal housing market
at 4.7-months. This means, in most areas, there are not enough homes for sale to
satisfy the number of buyers in that market.
3. The Process Will Be Quicker
Fannie Mae just announced that they anticipate an acceleration in home sales
that will surpass 2007's pace by late summer. As the market heats up, banks will
be inundated with loan inquiries causing closing-time lines to lengthen. Selling now
will make the process quicker & simpler.
4. There Will Never Be a Better Time to Move Up
If you are moving up to a larger, more expensive home, consider doing it now.
Prices are projected to appreciate by 5.3% over the next year, according to
CoreLogic. If you are moving to a higher-priced home, it ... more
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