Why Summer is the Best Season to Sell Your Home
Any season is a great season to sell
a home, but during the summer, the odds of selling your home quicker and finding a new home to move to is more to your favor. Here are some compelling reasons listing your home for sale this summer makes sense.
1. Demand is Strong
According to the National Association of Realtors (NAR), buyer demand remains strong in the summer season throughout the vast majority of the country. Buyers are ready, willing, and able to purchase, and they are in the market right now! Multiple buyers
may also be competing with each other for the same home.
2. There is Less Competition in Summer
Housing inventory is still under the 6-month supply needed for a normal housing market, according to the NAR. This means that, in most of the country, there are not enough homes for sale to satisfy the number of buyers.
3. The Process Will Be Quicker
Buyers now know exactly what they can afford before home shopping. Most of the buyers are getting pre-approved for their mortgage financing before they even start looking for a home. This makes the entire selling process much faster and simpler.
4. Summer is the Best Time to Upgrade
The inventory of luxury homes for sale has created a buyer’s market. This means that if you are planning on selling a starter or trade-up home, it will sell quickly, AND you’ll be able to find a premium home to call your own!
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