Many property experts in the US are saying that 2015 will be a good year to sell your Scottsdale home. The housing market is predicted by many to return to normal in 2015 so it’s a good time to sell your property and make a big profit. As spring approaches, demand is beginning to pick up for people wishing to buy a home. Recent statistics have highlighted that there are more prospective buyers around looking for homes to buy in Scottsdale than at any other time in the last twelve months. As a potential property seller, why not take advantage of the current, positive home selling market to get the best possible price for your home?
Here are a few reasons why you should sell your Scottsdale home in 2015:-
- House prices are still rising – the price for properties is still rising steadily which is great news for potential sellers. Real estate agents see this as a good indication that the market is beginning to regain confidence and growing in a healthy way.
- Equity – 2015 will be a good year to make the most out of the equity in your home. If you’re considering buying another property, a down payment of anywhere between 10% - 20% is the general rule of thumb, so having plenty of equity is the way to go. When it comes to selling, find an experienced real estate agent who knows the market and help you sell your property as quickly as possible.
- Less competition – housing supply in the US has dropped in the last quarter of 2014 which is good news for sellers. Generally six month’s housing supply is needed to generate a normal housing market. This actually means that in many areas there aren't enough homes for sale to satisfy buyers. Again, this is a very positive situation for sellers who can ask a premium price for their property without having to worry about the competition.
- The banks – after a challenging housing market which seems to be returning to the norm, banks are beginning to approve an increasing number of mortgages. Mortgage approvals are easing up and property contract closes are taking less time to complete which benefits sellers. Quicker property transactions are another good reason
- to sell your Scottsdale home in 2015.
- Unemployment – recent US Government figures have shown that unemployment is slightly down. When this happens, consumers begin to gain confidence which has a good knock-on effect in the housing market. If you are considering selling your Scottsdale home then take this positive news into consideration and put your property up for sale now.
- Give your home a small makeover – it’s a good idea to give your home a small makeover to ensure you have a better chance of a sale. When it comes to improving your property, with prices being so competitive for refurbishments, renovations, repairs and furnishings, there isn't a better time to make your home more appealing. Not all sellers need to do renovations to their home but it is a good idea to know what Scottsdale housing trends are. Once done sprucing up your home is is a great idea to hire an inspector prior to putting the home on the market. It will only cost around a few hundred dollars to hire a professional home inspector. Use the information provided to get everything just right before your property goes on the market. Having your house stand out as the best home for buyers to select will always help with your negotiating power.
If you've been wondering, should I sell my Scottsdale home, and either move into a larger, smaller or different home, now is a great time to sell your home. Prices are expected to rise by as much as 15% in the US during 2015, so start planning now.
To get the best advise on selling now or waiting you should talk to an experienced real estate agent in your area. For Scottsdale and Paradise Valley give me a call.
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