Many homeowners out there have been ready to make a move, but they haven’t put their homes on the market because they’ve been waiting for the housing market to improve.
Good news! Now is a great time to get in the game.
Homes are selling SO FAST in the Portland area and often for well above asking price. In the past month, we’ve seen several homes go pending within one week … sometimes even within one weekend.
It’s a national trend, too. In March of this year, the Existing-Home Sales index showed a 6.1-percent increase … the highest level we’ve seen in 18 months.
Why? The number of buyers willing and able to make a purchase is also at the highest level in years. In addition, home inventory is at thelowest level we’ve seen in eight years.
Consider also that many homeowners have lived in their homes longer than normal.
According to the 2014 Profile of Home Buyers and Sellers compiled by the National Association of Realtors, from 2001 to 2008, the typical home seller had lived in their home about six years. Beginning in 2009, that number began to increase. Now, the typical home seller has lived in the same house for about 10 years.
That’s a lot of sellers who must be itching to make a move. Are you one of them?
If you’ve been contemplating putting your home on the market, ACT NOW, to take advantage of this seller’s market.
TOP TIPS for PUTTING YOUR HOME ON THE MARKET
The best thing a seller can do is work with a professional, even in a seller’s market. A skilled real estate professional can help protect you through the entire process … and not only help you make the smartest decisions when selling your current home but also help you secure your next dream home.
We, at Beltran Properties with KW, are experts at helping you:
Stage your home
Handle multiple offers
Make sure your home is appraised accurately
Why are each of these things important? Keep reading.
Staging is key. Even when home inventory is low and you’re not competing against a bunch of other sellers, it’s important to create the best first impression, which means you’ll get more money for your home. At Beltran Properties, we offer professional staging as part of our full-service package.
We have several tips and tricks we can share with you to make sure you, as a seller, get the very best deal for your home. On the flip side, with our buyer clients, we are skilled at securing homes in multiple offer situations. This means that when you put your home on the market, we also have the skills to help you get that next home you’re dreaming about, even when there are other hungry buyers out there competing for the home you want.
Staying on top of the market stats is key, as accurate appraisals are a big concern. Even when buyers are willing to pay a higher price, the bank may not accept it. We can help ensure that the higher price is justified and, therefore, gets accepted by the bank.
Curious what your home is worth? Give us a call today! 503-502-3330