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News
5 reasons to sell your house in spring
 21

  MAR

5 reasons to sell your house in spring

When selling a home, most homeowners are hoping for a quick and lucrative deal that will provide a good return. If you're looking for the best time to profit as a seller, the market is calling this spring. Here are five reasons why now is the perfect time to sell your home if you're ready.

1. Homebuyers are in high demand.
Buyer demand is strong right now and buyers are active in the market.

When your home is able to attract the attention of competing buyers, you're in the best possible position as a seller.

2. Not enough homes for sale
Buyer demand is so high that the market has too few homes for sale. Recently, the website realtor.com reported that: "The market for unbought homes is very tight:

This imbalance between high buyer demand and low supply of homes for sale gives a lot of leverage to sellers. Sellers always negotiate the best deal when demand is high and supply is low. This is exactly what is happening in the current housing market.

3. You have a lot of leverage in the current market.
This spring there are clearly many more people interested in buying than selling, which creates an optimal market for sellers. When this happens, sellers have the upper hand in negotiations.

4. It's a good way to leverage the value of your home.
According to the latest data from CoreLogic, the average homeowner in the third quarter of 2020 gained $17,000 of equity in their home in the previous year, and that amount will continue to grow as home values rise. Equity is a kind of forced savings that grows as you become a homeowner and can be used to achieve big goals, such as buying your dream home.

5. It is an opportunity to find a home that suits your needs.
A lot has changed in the last year, including the housing needs of many of us. As we now spend more time where we live, many of us may re-evaluate home ownership and what we consider most important in a home.

Whether it's a home with the right features for telecommuting, a virtual space for a virtual or hybrid school, a gym or home theatre, or something else, this spring's sale offers you the opportunity to move in and find the home of your dreams.

Finally
Today's real estate market belongs to the sellers. If you're thinking of moving but waiting for the right market conditions, the wait may be over. Let's get in touch so you'll be in a good position to win when you sell your home this spring.
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