Is Now A Good Time To Sell Your Home?
Undoubtedly you've heard of what has been dubbed the "shadow inventory," a term used to describe the 2 million houses that are in or about to enter the foreclosure process and have yet to be put back on the market by lenders and investors.
But what about the "closet inventory," or the many more 
millions of houses that could be put on the market in droves by their owners once the housing sector starts to rebound?
Obviously, no one knows when this will happen. But when it does, an unknown number of current owners who have been paying their mortgages each and every month or own their homes free and clear can be expected to at least test the market.
Every day it's on the market, it's another day you are getting exposure and potentially reaching the buyer who is looking that day. There are plenty of buyers who are going to be better qualified by lenders, who are going to find lower mortgage rates available to them than at any time in history, and who are probably going to be more serious prospects.
If a seller is interested in moving up and buying a more expensive home, now would be a great time to put his house up for sale. You'd definitely come out ahead when combining the two transactions.
When pricing your place, you have to consider two things, pricing and marketing. All the marketing into e world won’t help if your priced out of the market. Unless a seller is competitively priced, they won't even get any showings, much less an offer.
Waiting months on a distress sale to go through may be worthwhile for true bargain hunters. But the market is full of would-be buyers who are looking for a hassle-free transaction. So if you can close in a reasonable amount of time, your house is likely to stand out from the rest.
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