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LAS VEGAS
Setting the Standard in Las Vegas Real Estate 5 Reasons To Sell Now
Vol. 2 Issue 9
As the temperature continues to rise, buyers are coming out ready to purchase their dream home. Here are five reasons that you should list your house for sale now.
1. Strong Buyer Demand Foot traffic refers to the number of people out actually physically looking at homes right now. The latest foot traffic numbers show that there are significantly more prospective purchasers currently looking at homes than at any point in the last two years!
2. There Is Less Competition Now The National Association of Realtors reported last week that housing supply has slipped to a 5-month supply. This is still under the 6-month supply that is needed for a normal housing market. This means, in most areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices.
3. Home Prices Are Skyrocketing One major factor driving prices up is the lack of inventory available for the amount of buyers in the market. Often buyers, who find a home that they
would like to make an offer on, are met with the reality that they aren’t the only ones interested.
4. There Will Never Be a Better Time to Move-Up Prices are projected to appreciate by over 19.4% from now to 2019. 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. You can also lock-in your 30-year housing expense with an interest rate near 4% right now.
5. It’s Time to Move On with Your Life
From Runway to Living Room
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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 back control of the situation by putting your home on the market.
A huge thank you to all our past and future clients! Read more reviews or write your own at www.MaryPreheimGroup.com/RavingFans
702.721.8801 | marypreheimgroup.com | mpg@marypreheimgroup.com
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