Have you been thinking about listing your home?
It’s possible you should do it sooner rather than later. Here’s why:
1. Interest Rates are Low
Low interest rates push buyers to act quickly, wanting to lock in rates before they rise. Lower rates also allow them to upsize and potentially keep the same monthly payment. Buyers are bidding high and fast.
However, with increasing economic activity post-pandemic, rates are on the rise. We think it’s best to get on the market now. Buyer’s potential to save is your potential to gain; mutually beneficial.
2. The Market is Unsaturated
We learned it early on: supply and demand. While interest rates are low, so are buyers’ options. The lack of competition will work in your favor. Buyers have less to choose from, meaning the small things are less likely to cost you the deal. Not to mention a higher likelihood for above-asking offers, cash offers and back up offers.
3. Tis the Season
The age-old rule. Spring and summer are notoriously successful seasons to list for reasons like good weather and families looking to move before the new school year. Timing is just the icing on the cake.
Keep in mind, it is important to take into account your financial position and reasons for listing. While the market is hot and listing are going fast, we encourage you to do what’s best for you and your family.
If you’re ready to take the next step in selling your home, give us a call. No matter what type of property you’re looking to list, we’re here to help.
Call 361-541-4100 or visit zaplacgroup.com to get started today.