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Waiting To Sell Your Home Could Cost You


Posted: February 04, 2022 by Coldwell Banker

Why You Shouldn't Wait Until Spring to Sell Your Home

There is no time like the present to list your home. There are many motivated and qualified buyers ready to purchase a home like yours. In fact, there are more buyers than there are homes on the market, which is good news for you. Waiting until spring to sell could cost you more in the long run. Here are a few reasons why now is the time:

Buyer Activity

Real estate professionals are reporting an influx of buyers in the market compared to prior years. With this kind of demand, homes in Las Vegas are on the market for only an average of 25 days before going under contract.

 

 

 

Listing Timeframe

Get your home on the market before inventory peaks in the Spring. You’ll have much more competition if you list in April or later.

 

 

 

 

 

New Competition

Due to shortages in labor and sharp increases in the cost of materials like wood, many new construction homes are experiencing a delay in their build schedules. Grab the attention of these home buyers by offering a shorter wait time to close and move-in.

 

 

Price Forecast

If you’re planning to scale up or expand, consider doing it now. Prices are projected to appreciate by approximately 5% over the next 12 months. That means it will cost you more (both in down payment and mortgage payment) if you wait. If you’re thinking of selling in 2022, take advantage of the low interest and mortgage rates while we still have them.

 

The current housing market favors sellers. If you're ready to move, call or text the agent responsible for sharing this blog post with you. 

 

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