{"id":2022,"date":"2021-09-07T14:11:54","date_gmt":"2021-09-07T14:11:54","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=2022"},"modified":"2021-09-07T14:11:54","modified_gmt":"2021-09-07T14:11:54","slug":"reasons-consider-selling-fall","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/reasons-consider-selling-fall\/","title":{"rendered":"Reasons You Should Consider Selling This Fall"},"content":{"rendered":"
\"\"

Reasons You Should Consider Selling This Fall<\/p><\/div>\n

If you\u2019re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate\u00a0sellers\u2019 market<\/a>\u00a0we\u2019re in today won\u2019t last forever. If you\u2019re thinking of making a move,\u00a0here are four reasons to put your house up for sale sooner rather than later.<\/strong><\/p>\n

1. Your House Will Likely Sell Quickly<\/strong><\/h4>\n

According to the\u00a0Realtors Confidence Index<\/em>\u00a0released by the\u00a0National Association of Realtors<\/em>\u00a0<\/a>(NAR), homes continue to sell quickly \u2013\u00a0on average, they\u2019re selling in just 17 days.<\/strong>\u00a0As a seller, that\u2019s great news for you.<\/p>\n

Average days on market is a strong indicator of buyer\u00a0demand<\/a>. And if homes are selling quickly, buyers have to be more decisive and act fast to submit their offer before other buyers swoop in.<\/p>\n

2. Buyers Are Willing To Compete for Your House<\/strong><\/h4>\n

In addition to selling quickly, homes are receiving multiple offers.\u00a0That same survey shows\u00a0sellers are seeing\u00a0an average of 4.5 offers<\/strong>, and they\u2019re competitive ones. The graph below shows how the average number of offers right now compares to previous years:<\/p>\n

\"\"

Average Number of Offers Received<\/p><\/div>\n

Buyers today know\u00a0bidding wars<\/a>\u00a0are a likely outcome, and they\u2019re coming prepared with their best offer in hand. Receiving several offers on your house means you can select the one that makes the most sense for your situation and financial well-being.<\/p>\n

3. When Supply Is Low, Your House Is in the Spotlight<\/strong><\/h4>\n

One of the most significant challenges for motivated buyers is the current\u00a0inventory of homes<\/a>\u00a0for sale. Though it\u2019s improving, it remains at near-record lows. The\u00a0chart<\/a>\u00a0below shows how today\u2019s low inventory stacks up against recent years. The lighter the blue is in the chart, the lower the housing supply.<\/p>\n

\"\"

Months of Inventory of Homes for Sale<\/p><\/div>\n

If you\u2019re looking to take advantage of buyer demand and get the most\u00a0attention\u00a0for your house,\u00a0selling now<\/a>\u00a0before more listings come to the market might be your best option.<\/p>\n

4. If You\u2019re Thinking of Moving Up, Now May Be the Time<\/strong><\/h4>\n

If your current home no longer meets your needs, it may be the perfect time to make a move.\u00a0Today, homeowners are gaining a significant amount of wealth through\u00a0growing equity<\/a>.\u00a0You can leverage that equity, plus current\u00a0low mortgage rates<\/a>, to power your move now.\u00a0But these near-historic low rates won\u2019t last forever.<\/p>\n

Experts forecast interest rates will rise. In their forecast,\u00a0Freddie Mac<\/em>\u00a0says<\/a>:<\/p>\n

\u201cWhile we forecast rates to increase gradually later in the year, we don\u2019t expect to see a\u00a0rapid increase. At the end of the year,\u00a0we forecast 30-year rates will be around 3.4%, rising\u00a0to 3.8% by the fourth quarter of 2022<\/strong>.\u201d<\/em><\/p><\/blockquote>\n

When rates rise, even modestly, it\u2019ll impact your monthly payment and by extension your purchasing power.<\/p>\n

Bottom Line<\/strong><\/h3>\n

Don\u2019t delay. The combination of housing supply challenges, low mortgage rates, and extremely motivated buyers gives sellers a unique opportunity this season. If you\u2019re thinking about making a move, let\u2019s chat about why it makes sense to list your house now.<\/p>\n

Contact us:<\/strong>
\nPHP Houses
\n142 W Lakeview Ave
\nUnit 1030
\nLake Mary, FL 32746
\nPh:\u00a0(407) 519-0719<\/span>
\nFax:\u00a0(407) 205-1951<\/span>
\nemail:\u00a0info@phphouses.com<\/p>\n

Let\u2019s Connect:<\/strong>
\nFacebook<\/a>
\nLinkedin<\/a>
\nTwitter<\/a>
\nInstagram<\/a><\/p>\n

THE INFORMATION PRESENTED IN THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSIDERED LEGAL, FINANCIAL, OR AS ANY OTHER TYPE OF ADVICE.<\/em><\/h5>\n","protected":false},"excerpt":{"rendered":"

The ultimate\u00a0sellers\u2019 market\u00a0we\u2019re in today won\u2019t last forever. If you\u2019re thinking of making a move,\u00a0here are four reasons to put your house up for sale sooner rather than later. Finish Reading Reasons You Should Consider Selling This Fall<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[223,10,18,329,366,284,365,9,66,49,84,42,23,40,252,396,63,20,394,12,48,13,28,54,253,47,19,6,17,332],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2022"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=2022"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2022\/revisions"}],"predecessor-version":[{"id":2026,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2022\/revisions\/2026"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=2022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=2022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=2022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}