5 Reasons to Sell This Fall

5 Reasons to Sell This Fall | Simplifying The Market

Here are five reasons listing your home for sale this fall makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory is still under the 6-month supply that is needed for a normal housing market.

This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon.

Historically, the average number of years a homeowner stayed in their home was six, but that number has jumped to an average of almost nine years since 2008. There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.

3. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to 43 days, after seeing a 12-month high of 48 days in January.

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move-up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly AND you’ll be able to find a premium home to call your own!

Prices are projected to appreciate by 5.0% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

5. It’s Time to Move on With Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.

What’s Your Home Worth?

Search for Your New Home

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$460,000
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3,073 SqFt
Status Active
MLS # 6687666
Property Type Single Family Residence
Price Type --
Here's a great opportunity to own a large 4 bedroom 3.5 bathroom home in an amzingly convenient Phoenix neighborhood. Features include: Tiled floors Large kitchen with tons of counter and cabinet space, Gas stove, built-in surround sound in family room, loft and patio, large covered patio, fireplace, huge master suite, Built-In BBQ area. The neighborhood features mature trees, parks, playgrounds, a basketball court and a community pool! home is located just minutes from just about anything you could want or need. There's restaurants, easy freeway access, job opportunities, golf, hiking and more just minutes away. You'll also be close to Downtown Phoenix, Sky Harbor, etc. Hurry and take a look! *The sale may be subject to Court approval.

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$460,000
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Nearly 5 acres of fenced horse property with a site built metal frame block stucco home! Home has recently been upgraded with wood-look tile flooring throughout! Spacious bright kitchen, includes all appliances & large breakfast bar w/storage overlooking living room! Primary bedrm & bath have jetted tub, remodeled vanity, walk-in & secondary closets. Guest bathrm has matching remodeled vanity. Huge laundry rm connects to primary bath w/door provides privacy. Key items include: 400' deep well & 2 neighbors pay for water usage, 45x36' concrete slab ready for supersized garage, gravel driveways, storage sheds, new water heater, watersoftner, fans thru out, full covered front patio, newer exterior paint & 7 pine trees w/irrigation. All this in quaint Hidden Valley surrounded by mountains!

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$460,000
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Property Type Single Family Residence
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Beautiful home in highly desired area featuring spacious split floorplan, large bedrooms, newer kitchen cabinets with granite, eat-in kitchen nook, formal living and dining and large family room! Newer light fixtures, ceiling fans, covered patio and a private pool for entertaining in hot AZ! Plenty of parking space, extended driveway, 10' RV gate with concrete pad for your toys and much, much more!

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$460,000
4 Beds
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Highly sought after 4 bedroom single level floor plan rarely on the market. HVAC replaced in 2019, Water Heater in 2023 Sstainless steel appliances plus washer & dryer convey. Neutral Two Tone Paint Throughout home. The 2 car garage has epoxy coated floor. OLD REPUBLIC Home Warranty in place & transferrable to Buyer. This home has lots of upgrades including granite kitchen counter tops, tile floors in all the right places, ceiling fans throughout, all appliances included, desert landscape in front yard & paver hardscape with synthetic grass in rear yard for easy maintenance. This is a gr spacious single level home located in a gated community within close proximity to nearby schools, city park as well as shopping, dining, medical center & easy freeway access. This is one you have to see

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