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| 05/27/2022 |
Is it better to list your home now or wait for the market to change?
As a seller, if you can’t find what you’re looking for in your next home, should you list now or wait for the market to change?
The best time to sell your home is when inventory is low and demand is high; fortunately, our current market has these exact conditions. However, the Federal Reserve has decided to increase interest rates to balance out the market. Their goal is to see more homes enter the market and reduce demand. Currently, we have less than two months of supply, and there are less than 1.5 months of supply nationwide. The Fed’s goal is to raise inventory to above three months.
From a supply and demand standpoint, you’re in a much better position to sell your home now than you will be when interest rates and inventory increase soon. In other words, the more balanced the market becomes, the fewer opportunities you’ll have to get top dollar for your home.
Let us help you get on the market before your window of opportunity closes. Don’t hesitate to reach out to us by phone or email if you have any questions or need any assistance. We’d love to hear from you.
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©2022 Georgia Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than CENTURY 21 Results may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.
Northeast Georgia Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than CENTURY 21 Results may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.