3 Reasons To Sell Your Home This Spring
1. You probably know that spring time is typically considered the very best time of year to sell your home—and it’s true, this is the time of year when buyers come out of the woodworks and start bidding on homes! Not only do well-priced homes sell quickly in the springtime, many experts also believe that you’re more likely to fetch a higher price.
2. We expect to see a busy real estate season this year for a number of reasons: the interest rates are still extremely low, consumer confidence is on the rise, unemployment has decreased, and the Federal Housing Administration (or FHA) has made home buying a bit more affordable. The cost of private mortgage insurance has just decreased significantly, plus buyers are now only required to put 3% down on a home.
3. Home prices continue to rise in our region! According to the National Association of Realtors, the median home value for an existing single-family home increased by 10.4%…not too shabby!
Of course, it’s important to start planning now if you’re thinking of selling this year! Two of the very first things to do, which may take a bit of time, are cleaning (mostly decluttering) and consulting with local real estate agents. While your home doesn’t have to be in perfect shape when you invite agents over to see it, it’s a good idea to have the bulk of your decluttering and “fixing up” completed so that the agent can get the best idea of your home and help you with pricing accordingly. Be sure to check out our Facebook page in the upcoming weeks for organization tips, and your EveryHome agent will be happy to assist you!