There are four compelling reasons to sell your home this winter:
1. Buyer demand is strong. In many areas in the Sacramento region, multiple buyers are competing against each other for the same home—especially in entry-level or first-time buyer markets. There’s a great opportunity to take advantage of this increase in demand.
2. There is less competition. Inventory is very low right now, which means there are fewer homes for sale than there are interested buyers. Don’t wait until additional inventory comes on the market this spring.
3. Buyers are serious this time of year. Traditionally, sellers think spring is the best time to sell because of the potential of more buyers in the market. However, buyers who shop for homes in the winter—when it’s rainy, cold, and wet—are eager to find a home quickly. It only makes sense to list your home while other sellers wait.
4. There may never be a better time to move up. There’s more active inventory in higher price ranges, which means it’s a great time to sell your starter home and move up into your dream home if you’ve been thinking of doing so. Additionally, home prices are expected to appreciate by 4% to 5% next year, so it will cost you more in raw dollars if you wait.
The bottom line is that selling your home and moving up sooner rather than later could lead to substantial savings.
Of course, everyone’s situation is different, so if you’d like to discuss what your next move should be or if you have any other real estate questions, don’t hesitate to reach out to me. I’d love to help you.