July 10, 2019
Sell Your Home This Summer Before It’s Too Late!
There’s nothing better or more beautiful than a Minnesota Summer without the typical slush, ice, snow, or extremely cold weather hassles. That’s just one reason why it’s the perfect time to sell your home. Below are 4 more reasons you should definitely sell your home this Summer.
Demand is Strong
With demand being at such a high rate in the Summer, buyers are buzzing. Buyers are often competing for your home. This is because housing inventory is backed up, meaning there are not enough homes to satisfy every buyer. Also, with home values appreciating, more and more homeowners are eager to move now that they have the equity to do so.
Buyers are continuously competing to stand out. They will often do things such as getting pre-approved for their mortgage. With buyers’ pent-up desire to move, they know exactly what they can afford and what they want before home browsing. This makes the process much faster. On top of it all, the time to close a loan has dropped to 43 days.
People Have the Time to Buy
People are constantly out and about doing activities in the nice weather. People also have more time off. This is why 30 to 40% of homes sell in the Summer months. This will attract larger groups into open houses and more people have time for showings.
Families Typically Move in the Summer
It is much easier for parents to move with the kids being out of school. It is also a huge perk to move before school starts up in the fall, giving kids time to adjust to their new surroundings.
So, what are you waiting for?! Sell your home THIS summer, Sooner or later, You’ll Call Jim Slater.