Have you been on the fence about selling your home? Read these reasons why you should think about selling now:
Demand for Homes Is Increasing
Sales have been high for many months and consistently higher than last year’s sales numbers. Buyers are purchasing homes.
- See Cincinnati stats here
- See Northern Kentucky stats here
- See Dayton stats here
- See Southeastern Indiana stats here
Supply of Homes Is Increasing
Nationwide, the total housing inventory has been approaching a normal five-month supply of homes and there are forecasts for even higher inventory counts. By listing now while seller demand is strong, there is less competition on the market.
The Return of New Construction
The recovering real estate market will include the construction of new homes. They can be competition when selling.
Interest Rates To Rise?
The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors have predictions of rising mortgage interest rates. When these rates rise, buying and selling homes will be more expensive.
From The KCM Blog