Last year ended with a historically low inventory and many buyers were unable to find a home. Therefore many buyers are ready to buy now. If you're considering selling your home in 2014, now is the time to get ready.
95% of our local buyers start their home search on the Internet. Experian Marketing Services released its monthly most visited real estate website rankings for web traffic in January. The results are eye popping. Web traffic to real estate websites was up 25% from December.
If you're considering selling and your home is not yet on the market, then every day you're missing out on thousands of potential buyers viewing your home.
Over the past month mortgage rates have declined and rates are currently trending back toward 4%. This is a significant development for buyers and could save buyers hundreds of dollars on their monthly payment. For many buyers, there is a sense of urgency to buy now before prices go higher or interest rates return to more historically normal levels.
What does that means to the seller? It means that the earlier you list your home the more interested buyers you have on your property, the more offers you have and the more you home is going to sell at.Buyers are ready. Are you?
The spring selling season is already in full swing. If you're planning to sell your home in 2014, you need to be ready now. Don't miss out on the perfect well qualified buyer because you waited too long.