If you have been wondering if it’s time to sell your home, now is a great time to go ahead with that. We know it’s a big decision so here are a few good reasons why.
A recent report by the National Association of Realtors is reinforcing something which I’ve been saying for quite some time. Most of the country is experiencing very strong demand from buyers. And these buyers are doing more than just looking. They are ready, willing and able to buy your home now. If you indeed are ready to sell, it’s to your benefit to use this buyer activity to your advantage.
The key here is that there is little competition from other sellers these days. Especially from homes in the lower price range. So you should be able to sell your house quickly and for top dollar. People are staying in their homes longer. And this is a large factor in the shortage of available inventory. Many of these people couldn’t sell in the past few years. And why haven”t they been able to sell? Many home owners had negative equity in the home, and didn’t have the financial resources to pay off a mortgage that was more than the house would sell for. But now, rising home prices have made many more prospective sellers able to sell, and that will only create more competition for the homes that are on the market.
You should sell now before these homes become available.
But where will you go?
If you’re leaving New Jersey, I can’t advise you. I don’t know the market in other states. But if you are staying in New Jersey, and if you want to move up to a luxury home, there are many homes available. And the surplus of luxury homes is causing prices on these homes to come down. However, if you’re thinking of moving to an active adult community, there’s a decent supply of those homes also.
So if you want to start looking for a new home to see if it might be what you want to do, visit one of our web sites, www.BunnyandArt.com www.55PlusInOcean.com www.55PlusinMonmouth.com . You’ll be able to search for a possible new home. You can also get an idea of what your present home is worth. Or you can contact us, Bunny and Art Reiman at 732-616-6226. We can help you with those searches.
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