Here Are 4 Reasons To Sell Your Home This Fall

Should you sell your home this fall?  Here are four highlights that may make your decision to sell this fall a simple one.

1. Buyers Are Actively In The Market

ShowingTime, a leading tech and market stat service provider for real estate, just announced that buyer traffic jumped 60.7 percent compared to this timeframe last year. That’s an enormous rise.

It is clear that buyers are prepared, eager, and able to purchase, and right now they are on the market. Multiple buyers are joining bidding wars in several regions of the nation to bargain for the home they want. Take advantage of the latest buyer activity on the market so that your house can be sold in the most favorable conditions.

2. There Are Not Enough Homes For Sale

The National Association of Realtors (NAR) reported in the new Existing Home Sales Survey that there were only 1.49 million units available for sale. That figure was 18.6 percent lower than it was one year earlier. This implies that there are not enough homes for rent in the majority of the country to satisfy the number of buyers.

Many homeowners were hesitant to list their homes earlier this year due to the health crisis. If the economy starts to recover, that will change. Going into the new year, the options consumers have would increase. Before you decide to make a pass, don’t wait before additional sellers come to market.

3. The Process is Going Quickly

The ultra-competitive world of today has pushed buyers to do all they can to stand out from the crowd, including getting their mortgage financing pre-approved. This makes the whole selling process much easier and smoother, since before shopping for a home, buyers know exactly what they can afford. The time required to close a loan is just 49 days, according to Ellie Mae ‘s new Origination Insights Report.

4. There May Never Be a More Important Time To Move

You’ve probably been in your new home for most of the last six months. Now maybe you realize how small it is, and you need more space. Your current floor plan may not fit for the evolving needs of your family if you’re working from home, your kids are doing virtual school, or you just need more space.

Homebuilders are starting to build houses again, so you can pick the exact floor plan to fit the needs of your family, and you can ensure that the outdoor space is also what you want.

Bottom Line

Right now, the housing market is prime for sellers, so let’s form an alliance to get the process started this fall. The market is calling your name if the timing is right for you and your family.