Signs that now may be the right time to sell your home in San Bernardino, by Danon Burnside.

By Danon Burnside

Signs That Now May Be the Right Time to Sell Your Home In San Bernardino

It’s no news that house prices are soaring across all the states in the U.S. with some states and counties recording more increase than others. San Bernardino County is one of those that recorded an increase in the housing market prices recently.

JUNE MARKET UPDATE REVEALS FAST-RISING HOME PRICES

The booming housing market in San Bernardino is a highly competitive one for first-time homebuyers. The median sale price of single-family homes rose to $485k, with homes spending approximately less than 18 days on the market. The price is expected to rise before the end of the fourth quarter.

This shows that the real estate market in San Bernardino is a seller’s market.

Of course, the reasons for this increase in house prices are the limited inventory and low house construction. Limited construction is one problem that the United States has been battling for more than a decade, and the coming of the pandemic has worsened things further. In addition, the high prices of lumber and zoning laws contributed to the low construction of houses, further driving home prices upwards.

IS IT THE RIGHT TIME TO SELL YOUR HOUSE IN SAN BERNARDINO?

Summer is always the best time to sell a property. It is where

the influx of foreign tourists is highest. In addition, it’s this time that buyers make top offers, especially those moving from one city to the next in search of more affordable housing. Summer weather is warm and friendly, and this is why business is strongest here. Now that home prices are high, you can profit a lot from listing and selling your property.

However, you will face stiff competition from other sellers who are also listing their properties. The housing market in San Bernardino is highly competitive, so don’t be surprised if your home stays more than 20 days in the market. If you are lucky, you can close a deal quicker.

Selling a property is not always easy, especially if you have not done it before. With the competition out there, it can get really scary. However, you don’t have to face all that if you take action now to reach out to Danon Burnside, one of the VIP Agents in San Bernardino, or alternatively, you can contact Eric L. Frazier for assistance with purchasing a home or investment property. Eric L. Frazier MBA is a licensed Mortgage Advisor NMLS 461807 with First Bank and can be reached at 800261-1634 ext. 703.

ABOUT DANON BURNSIDE

A winning attitude and a total commitment to clients’ goals are hallmarks of the professional philosophy that drives Danon Burnside’s work with The Power Is Now. Danon is a native of San Bernardino who deeply appreciates how the beauty and tranquility attract people from around the world, and his nuanced knowledge ensures that expectations are consistently exceeded for buyers and sellers alike. To find out more about Danon Burnside, go to; https://www.thepowerisnow.com/danon-burnside-2/

ABOUT THE POWER IS NOW MEDIA, INC.

The Power Is Now Media is an online multimedia company founded in 2009 by Eric L. Frazier, MBA, and is headquartered in Riverside, California. We are advocates for homeownership, wealth building, and financial literacy for low to moderate-income and minority communities. The Power Is Now Media corporate office is located at 3739 6th Street Riverside, CA 92501. Ph: 800-401-8994 Website: www. thepowerisnow.com.

Published by Eric Lawrence Frazier, MBA.

References

https://www.firstteam.com/san-bernardino-county-real-estate-market-update/ https://www.sbsun.com/2021/07/22/12-trends-behind-san-bernardino-countys-77750-price-jump-or-9-an-hour/