5 Reasons to Sell This Fall

Reblogger Will Hamm
Real Estate Broker/Owner with Hamm Homes

This is a great blog by Carrie and one that we should all be explaining to our clients.

 

Original content by Carrie Courtney and Company SL3164250

Here are five reasons listing your home for sale this fall makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report 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! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory is still under the 6-month supply that is needed for a normal housing market.

This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon.

Historically, the average number of years a homeowner stayed in their home was six, but that number has jumped to an average of almost nine years since 2008. 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. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

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

3. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to 43 days, after seeing a 12-month high of 48 days in January.

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move-up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly AND you’ll be able to find a premium home to call your own!

Prices are projected to appreciate by 5.0% 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.

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.

 

 

 

Direct: 407.922.9767

EMAIL: Carrieclpm@gmail.com

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Rainmaker
1,496,276
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Will Hamm, there are always buyers, fall is a great time to list and buy a home. 

Sep 26, 2017 12:34 PM #1
Rainmaker
754,170
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

All very true right now, good repost and reminder to all of us to let our clients, friends and potential clients know.

Sep 26, 2017 12:35 PM #2
Ambassador
2,008,325
Michelle Carr Crowe,Altas Just Call...408-252-8900!
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

If you ask me, any time is the best time to sell!  But especially when the odds are in the sellers favor!

Sep 26, 2017 02:46 PM #3
Rainmaker
3,980,731
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

There are plenty of buyers still looking for a great home right now.

Sep 26, 2017 04:04 PM #4
Rainmaker
3,194,182
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Will we have many buyers but it does not mean they all qualify, so with that said there has to be a good Realtor to navigate through the less than perfect buyers, Endre

Sep 26, 2017 11:20 PM #5
Rainmaker
1,520,292
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Will, great post to re-blog. Fall is a great time to buy or sell, it's typically busy here through Thanksgiving and then slows a bit. Fall provides such a nice backdrop for homes to have great curb appeal.

Sep 27, 2017 05:50 AM #6
Rainmaker
2,512,046
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Very nice choice for a reblog my friend, these are indeed great reasons to share with our clients that are thinking about selling.

Sep 27, 2017 06:46 AM #7
Rainmaker
1,186,218
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Will

Great repost but you missed one. Fewer beautiful places in the world to see. Sorry could not find a big red crossed off the Caribbean. Wish it wasn't so, cheers cvc

Sep 27, 2017 04:31 PM #8
Ambassador
3,982,852
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Fall is a good time to buy and to sell. I have had several buyers just this week.

Sep 27, 2017 06:18 PM #9
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Will Hamm

"Where There's a Will, There's a Way!"
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