If you’re not thinking of selling your home this spring, you may want to reconsider. Not only does the return of flowers, greener grass, and warmer weather bring buyers out of hibernation, it also offers some of the best selling opportunities of the year. Below are some of the top reasons 2018 might finally be the time to post that “for sale” sign!
Curb Appeal: Spring offers an obvious visual improvement for homes on the market. With the last piles of muddy snow melting away, flowers blooming, and green lawns returning, spring offers a pleasant setting for listing photos and showings. Alongside weekend Home Shows that spark new improvement projects, buyers are more likely to attend open houses too!
Abundant Buyers: With interest rates remaining steady at historic lows, buyers are looking to take advantage of these rates. Plus, more lenders are offering a variety of mortgage assistance programs for first-time homebuyers. Millenials that are reaching their late 20’s and early 30’s are also entering the market with a hunger to own rather than rent. Meanwhile, seasoned buyers have the edge by profiting from the sale of their existing home; making it easier to turn around and buy.
Low Inventory: Home inventory levels are at drastic lows across the country, as well as in the Capital Region. Listings are going under contract at a quick rate with multiple buyer offers. With this level of competition, housing prices are currently rising at a steady pace.
The weather is looking sunny for sellers in the Capital Region hoping to make the most of their marketing efforts. These prime selling market conditions, paired with the right Realtor and marketing plan can help you sell your home quickly and for top dollar. Contact one of our Gabler Realty agents today for a free, personalized market analysis. This could be your best time to make a move!