Why Right Now Could be THE BEST Time To Sell Your Home

I've just read a very interesting statistic that I'd like to share with you.

Fannie Mae, the government-sponsored leading source of financing for mortgage lenders, has announced that its Home Purchase Sentiment Index rose to an all-time survey high last month.

This is an incredibly important stat that reflects what we have been seeing here in Iron County for some time now.

Buyers are very aware that, with mortgage rates still at historic lows, they currently have one of the best opportunities ever to own a home for the first time, or to upgrade.

And what's good for buyers in this situation is equally good, or even better, news for sellers!

I have previously emphasized the importance of dealing in the present when it comes to real estate. And there really is no time like the present to seize the incredible opportunities to sell your home right now.

Inventory of available homes for sale continues to fall as heavy purchaser demand takes its toll on supply levels. This, alone, is a great reason to not delay selling as you can currently enjoy reduced competition and a more robust asking price, provided you've adhered to the important need to price your home realistically.

As we approach the end of the summer months, there is still a superb opportunity to take advantage of buyer demand, which shows no sign of retreat. However, the winter months are approaching and, especially once the holidays are in sight, many will decide to delay their move until the New Year.

This fall, we also have the added dynamic of a presidential election on November 8th and this will tend to feed uncertainty as it gets nearer, in terms of how home buying may be affected.

If you've been on the fence about listing, there is no time to waste to capitalize on what we might reflect was the best time to sell a home in recent memory.

Call us today to get things started, or if you have any questions.