Why right now might be the best time to sell your Phoenix AZ or East Valley home.
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows.
According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is incredibly strong. That’s not the case, however, on the supply side. Seller traffic is simply not keeping up. We have had a severe lack of inventory of homes for sale, which continues to drive prices upward.
What does this mean for home buyers and sellers? Click on the link below to read the complete article.
The real estate market is entering the year like a lion. There’s no indication it will lose that roar, assuming inventory continues to come to market.
If you’re ready to make a move, you can feel good about the current sentiment in the market and the advantageous conditions for today’s sellers.
If you're thinking of selling, many buyers will be eager to find a home just like yours due to the low inventory of available homes for sale. Reach out to me today to make sure you can get your house in on the action.