Are you thinking about selling your home this year? Are you worried that maybe you missed out on getting top dollar for your home? Do you wonder what the market is doing? If so, read on to find out why now is a great time to sell.
It's a seller's market. In the Phoenix Metro area including Scottsdale, Paradise Valley, Fountain Hills, Chandler, Tempe, Ahwatukee and others we're seeing more people who are looking to buy a home than there are homes for sale. Higher buyer demand plus lower inventory equals higher sales price and more profit for you.
Mortgage interest rates are at historic lows. They're likely to increase slightly this year, but interest rates will remain lower than in previous years. Buyers who want to lock in a lower rate will be entering the market leading to increased buyer demand which drives up prices.
Have you had a life change recently? Maybe your children are grown and you're looking to downsize or you've taken a job in another state and need to relocate (I can help you with that too!). If you need to move, now is a great time to sell.
I hope this has answered some of your questions about whether now is a good time to sell your home.
Please feel free to contact me. I'd love to answer any questions you have.
Erin Fortner
480-382-7059