Winter Is Coming… 5 Reasons to Sell Now!

Reblogger Les & Sarah Oswald
Real Estate Broker/Owner with Realty One Group BRE 01230211 & 01919354

Winter is on its way. There is no better reason to Sell now than ever before. The blog written below by our fellow Activerain member says it all.  Her blog is worth a reblog to help homeowners who are thinking of selling during the holidays. 

My reason for a reblog is also because I fell in love with the image of the puppies....

 

Original content by Filomena M. Thompson 103848

Winter Is Coming… 5 Reasons to Sell Now! | MyKCM

People across the country are beginning to think about what their life will look like next year. It happens every fall; we ponder whether we should relocate to a different part of the country to find better year-round weather, or perhaps move across the state for better job opportunities. Homeowners in this situation must consider whether they should sell their house now or wait.

If you are one of these potential sellers, here are five important reasons to sell now instead of in the dead of winter.

1. Demand Is Strong

The latest Realtors’ Confidence Index from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These 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 (which is 4.5-months).

This means, in most areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory is about to come to market.

There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last two years. Many of these homes will be coming to the market soon.

Also, as builders regain confidence in the market, new construction of single-family homes is projected to continue to increase, reaching historic levels in 2017. Last month’s new home sales numbers show that many buyers who have not been able to find their dream homes within the existing inventory have turned to new construction to fulfill their needs.

The choices buyers have will continue to increase. Don’t wait until all this other inventory of homes comes to market before you sell.

3. The Process Will Be Quicker

Fannie Mae announced that they anticipate an acceleration in home sales that will surpass 2007's pace. As the market heats up, banks will be inundated with loan inquiries causing closing timelines 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 5.2% over the next year, according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

According to Freddie Mac’s latest report, you can also lock-in your 30-year housing expense with an interest rate around 3.57% right now. Interest rates are projected to increase moderately over the next 12 months. Even a small increase in rate will have a big impact on your housing cost.

5. It’s Time to Move On with Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.  

That is what is truly important.

source: www.keepingcurrentmatters.com

 

Make it a great day! "Oh by the way, I'm never too busy for your referrals and greatly appreciate anyone you send my way!"

 

 

Filomena Thompson, Realtor, ABR, CDPE, CIPS, MRP, TRC

RE/MAX Results

7420-B Corporate Court, Frederick, MD  21703

(O) 301-698-5005 x3105  /  (C) 301-758-4617  / (F) 301-644-5561

filomenasells@gmail.com

Search for properties on my website www.filomenathompson.com

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Ambassador
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

I love those cute pups.  They look like they never saw snow before.  Too precious!

Nov 21, 2016 03:27 AM #1
Rainmaker
2,863,301
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

Oh my, that image is just too cute!

Dec 01, 2016 06:25 AM #2
Rainmaker
2,355,632
Rebecca Gaujot, Realtor®
Perry Wellington Realty, Adam Conrad, Broker - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

I also love this photo!  Five great reasons to sell before winter!

Dec 06, 2016 10:01 AM #3
Rainmaker
4,657,231
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is an excellent selection for a reblog. Smart consumers want to take advantage of the low mortgage interest rates that are available now and may not be available in future months.

Dec 06, 2016 10:04 AM #4
Rainmaker
3,236,210
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Les and Sarah

The 2 puppies just purchased their first home.

Good luck and success.

Lou Ludwig

Dec 09, 2016 05:11 PM #5
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Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Oh, I could barely read the post after I spotted those adorable huskies - I couldn't take my eyes off of them!!  Great re-blog Les & Sarah Oswald!

Dec 10, 2016 04:14 PM #6
Rainmaker
214,921
Mike and Dawn Lewis
The Lewis Team at Keller Williams - San Diego, CA
The Lewis Team at Keller Williams in San Diego CA

Those are 5 really good resaons!

Dec 10, 2016 06:12 PM #7
Rainmaker
549,010
Denise Hamlin, Broker/Owner
Cardinal Realty ~ 319-400-0268 - Iowa City, IA
Helping Happy Clients Make Smart Choices

Great re-blog. Excellent information. Of course the puppies were the clincher. :)

Dec 12, 2016 12:19 PM #8
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

There are still sellers coming on the market even with Christmas a couple of weeks away. It's a good thing because buyers want to buy houses.

Dec 12, 2016 02:31 PM #9
Rainmaker
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Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Excellent post to reblog and this is an excellent time to sell. 

Dec 13, 2016 03:03 PM #10
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Les & Sarah Oswald

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