SELLING A HOUSE?
5 REASONS YOU SHOULD DO IT NOW

Many are talking about why now is a great lime to buy a home. Today, we want to look at why it might also be an opportune time to sell your house. Here are Ute Top 5 Reasons we believe now may be a perfect lime to put your house on the market.

1. DEMAND IS HIGH:
Homes are selling at the fastest pace since November 2009 when the market spiked in response to the home buyer tax credit. The most recent Existing Home Sales Rep<Ht by the National Association of Realtors® (NAR) showed that monthly sales increased 9.7% over the same month la~t year.

2. SUPPLY IS BEGINNING TO INCREASE:
Total housing inventory last month rose 11.9% to 2.16 million homes for sale. This represents a 5.2-month supply at the current sales pace, compared with 4.3 months in January.

3. NEW CONSTRUCTION IS COMING BACK:
Over the last several years, most homeowners selling their home did not have to compete with a new construction project around the block. As the market is recovering more and more builders are jumping back in.

4. INTEREST RATES ARE RISING:
Interest rates for a 30-year mortgage have risen and may continue to rise.

5. IT’.S TIME TO MOVE ON WITH YOUR LIFE:
Look at the reason you are thinking about selling and decide whether waiting is your best option. Is it worth it to wait? Is the possibility of a few extra dollars more important than being with family; more important than your health; more important than having the freedom to go on with your life the way you think you should?

About Wayne Barnes

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