5 Reasons to Sell This Fall

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?

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25057 N 172nd Lane Surprise, AZ 85387

$450,000

2 Beds

2 Baths

1,666 SqFt

Status Active

MLS # 6671352

Property Type Single Family Residence

Price Type --

BETTER THAN NEW! Stunning Lennar home. The sellers have already taken care all of the extras - Fully landscaped back yard with watering system and custom Arizona panoramic wall mural. Upgraded window coverings throughout. Privacy doors added to master bathroom and den. Custom cabinetry was added to master bath toilet room and laundry room. Natural Gas stub in the kitchen and the back yard. Ceiling fans inside and out. Stunning upgraded Kitchen Cabinets, Counters and 12''x 24'' tile flooring. Extended length garage with room for golf cart parking. Asante Heritage is a gated, active adult community with a resort style pool, club house with lake and event center, fitness center, bocce ball, pickle ball, dog park, walking trails and more. Must see!

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8615 W Alvarado Road Phoenix, AZ 85037

$450,000

5 Beds

3 Baths

2,193 SqFt

Status Active

MLS # 6672619

Property Type Single Family Residence

Price Type --

Cul-de-sac, Spacious 5 bed 3 bath with decent sized back yard and Rv gate. Come see it. Home will need some TLC, updating and repairs. Open to giving credit. Home won't last long.

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1113 E Glendale Avenue Phoenix, AZ 85020

$450,000

3 Beds

2 Baths

1,318 SqFt

Status Active

MLS # 6673459

Property Type Single Family Residence

Price Type --

Welcome to this recently updated 3-bedroom home with NO HOA! Ideal for a owner occupant or short term rental investor with the possibility of being rezoned for multi-family. Displaying a 1-car garage, RV gate, and a welcoming front porch. Enter to discover a perfectly flowing layout paired with a neutral palette, abundant natural light, and tile flooring throughout. The kitchen features SS appliances, quartz counters, recessed lighting, and white cabinetry w/crown moulding. The primary bedroom provides a mirrored closet and private bathroom for added convenience. Conveniently located close to Hwy 51 and in proximity to some of Phoenix's top award winning restaurants. Identical house next door with different flooring is for sale by same owner

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1107 E Glendale Avenue Phoenix, AZ 85020

$450,000

3 Beds

2 Baths

1,289 SqFt

Status Active

MLS # 6673470

Property Type Single Family Residence

Price Type --

Two nearly identical, recently renovated homes both for sale by the same owner, with the possibility of being rezoned to multi-family on a half-acre lot if combined. Versatile options abound, from owner-occupancy to investment or short-term rentals. Modern upgrades include a stylish kitchen, en-suite primary bedroom, and designer bathrooms. Infrastructure updates ensure efficiency along with brand new appliances. The property's location in the Madison School District, proximity to the 51, and walking distance to Phoenix's awarding winning restaurants add to its allure. With potential for commercial rezoning, this property presents a unique blend of style and opportunity for any occupant or investor. Explore the myriad possibilities at 1107 E Glendale today.

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