Why Delaying Your Home Sale Until 2020  Could Be A Mistake!

We're almost at the end of August and the conclusion of summer is now in sight. This is traditionally a moment when some people decide to delay their home sale until next year.

That is always a mistake, because the fall and winter homes market is always busy and, in fact, offers unique selling opportunities.

This year, however, there are other dynamics at play that make playing a waiting game an even more unwise move.

Mortgage rates continue to greatly influence the market, motivating buyers to act fast and lock in the lowest rates for some years. The recent Federal Reserve interest rate drop has only added to the excellent environment of buyer sentiment.

But there's absolutely no guarantees how long these trends will persist.

Low inventory of available homes right now also means that you'll have less competition, especially as we move away from the peak selling months. Your asking price will consequently be more robust too.

There has been much press talk of late about whether or not we're seeing signs pointing to a recession. Looking back in time, recessions have been notoriously difficult to predict, so while it's true to say that there are no certainties, listing now means you won't be taking the risk of selling in a difficult economic climate.

At the very least, therefore, it might be worth getting a rough estimate of what your home is currently worth. With prices continuing to rise across Iron County, you may be surprised if you haven't checked lately. Click here to go to our free instant valuation tool.

If you are already carefully considering when to list, please get in touch with us today for an informal chat about the best options in your own situation.