Have you been on the fence about selling your home? Are you wondering if now is the right time to enter the housing market? We have good news! Real estate markets are bouncing back across the nation. Houses are flying off the market at a record pace with buyers all competing to make a move. At Welcome Home Realty Group, in Frederick, MD, we have seen several of our listings go under contract in just days; with all receiving multiple offers! Spring of 2018 is looking to be a robust market for home sellers.
Here are four good reasons why you should consider listing your home now.
The housing inventory is low, giving buyers fewer homes to choose from. The result is multiple offers and even bidding wars on homes, benefitting sellers, who are more likely to get their asking price.
Mortgage interest rates are still low. While these rates may not be as low as we have seen in recent years, buyers can still take advantage of rates in the 4% range. In addition, knowing that these rates are on the rise, buyers are anxious to make a move now.
For the first time since the 1960's, the Fed has projected that the unemployment rate will drop below 4%. The low unemployment rate and an increase in consumer confidence are setting the stage for a stronger home buyer with more money to put towards a home.
First time home buyers are also on the rise. Due in part to the millennial generation. They are the largest generation in US history. As they enter their 30's and transition from renting to homeownership, the pool of first time home buyers will only increase.
These factors all indicate a strong seller's market. With more buyers on the hunt and more money in their pockets, now is the time to sell. If you are ready to make the plunge and list your home, give us a call. We are happy to help.
If you are considering a move and are looking for a realtor with the expertise and values you can trust, please contact us. We are located in the heart of Downtown Frederick and are experts in Frederick County Real Estate. We love living here!
You deserve a professional realtor that you can trust to guide you and keep you educated to the ever changing mortgage options and market statistics. Our team is dedicated to you 24/7 through a superior business model that offers you constant communication, up to date market information and a team of experts ready to listen to your individual needs.
Looking to sell? We utilize cutting-edge internet technology and a strategic marketing approach, our Certified Selling System guarantees your home will sell Faster and for More!
I'm sure you heard or read when you started considering
"Working with Terry and Jennifer was awesome and we found the perfect home for our family. I had tried once with a different realtor and had to move on until joining with Terry and her team. I did not need to search any further! Terry's office was the perfect match for finding a home which was affordable, within convenient commuting distance for work, and with enough space for my three children. I highly recommend Welcome Home Realty Group for your next home search!"