• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Michigan REALTOR® - Sandra Leigh Newman - Golden Star Realty

Van Buren County, Kalamazoo County, Berrien County, Michigan Realtor

  • Home
  • Testimonials
  • Blog

5 Reasons to Sell Your House this Spring!

April 12, 2019 by snewrealty

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

1. Demand Is Strong
The latest Buyer Traffic Index from the National Association of Realtors (NAR) shows that buyer demand remains 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 for the same 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 needed for a normal housing market. This means that, in most of the country, there are not enough homes for sale to satisfy the number of buyers.

Historically, the average number of years a homeowner stayed in his or her home was six, but that number has hovered between nine and ten years since 2011. Many homeowners have a pent-up desire to move, as they were unable to sell over the last few years due to a negative equity situation. As home values continue to appreciate, more and more homeowners are granted the freedom to move.

Many homeowners were reluctant to list their home over the last couple of years for fear that they would not find a home to move in to. That is all changing now as more homes come to market at the higher end. The choices buyers have will continue to increase. Don’t wait until additional inventory comes to market before you to 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. Buyers know exactly what they can afford before home shopping. This makes the entire selling process much faster and simpler. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to 47 days.

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 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!

According to CoreLogic, prices are projected to appreciate by 4.6% over the next year.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 these questions. 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.

We believe every family should feel confident when buying and selling a home.

Keeping Current Matters, Inc. © 2018 | 7204 Glen Forest Drive Suite 204 Richmond, VA 23226 | 631-787-6200 | support@keepingcurrentmatters.com | All Rights Reserved | Privacy Policy

Filed Under: Michigan Realtor Blog - Golden Star Realty, Inc. - Sandra L. Newman

Primary Sidebar

Contact Us

Recent Posts

  • Always Use a Local Lender
  • CHOICERenovation
  • Browse Listings

Helpful Links

  • Information for Seniors
  • Selling Your Home
  • Buying Your Home
  • Living in Paw Paw, Michigan
  • More About Sandra Newman Realtor®

Footer

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Phone
  • Twitter

Copyright © 2021 · Sandra Leigh Newman Realtor - Golden Star Realty, Inc.
Paw Paw, Lawton, Mattawan, Van Buren County, Berrien County, Kalamazoo County, Michigan
269.808.4854


SANDRA NEWMAN AND GOLDEN STAR REALTY INCORPORATED ARE LICENSED IN THE STATE OF MICHIGAN.
EACH OFFICE IS INDEPENDENTLY OWNED AND OPERATED.
PLEASE CONTACT SANDRA NEWMAN FOR UPDATED INFORMATION AND DETAILS.
INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED.