Home buyers often miss out on a great property during the spring, so the summer is their second chance. That indicates that you will probably get a strong offer from a buyer eager to acquire a house and move in as soon as possible. Timing is important if you're trying to decide whether to sell your home and purchase a new one. Thankfully, many home sellers will be able to advertise their homes and complete their relocation during this summer.

Below are some some of good reasons why you should sell your house this summer.

1. Inventory is still low

Since 2008, the housing inventory has been suffering. 

At present:

  • We are still in a seller's market even though the demand from buyers has decreased.
  • Although housing inventory levels are rising, it will take some time to address the shortage.
  • Buyers are still interested; the average home is receiving multiple offer. 
     
     

    2. Buyers are still motivated to buy

    Houses are attracting buyers, as long as they’re prices are within the market range. This is where a skilled real estate agent can help. Ask your local Loan Officer for a recommendation if they know any trusted licensed Real Estate Agent.

    "Affordability will still be a challenge for many buyers this year, but home sellers who price and market their home competitively shouldn't have a problem finding a buyer," Jeff Tucker, Senior Economist at Zillow, says.

     


    3. You are ready for your next chapter  

    It goes without saying that the Pandemic altered the way we think about our living arrangements. Many renters have shifted toward buying in the previous few years in search of security. In order to meet their needs, many homeowners have chosen to sell their current home and purchase a new one. 

    These needs may include more outdoor space, a second room for a home office or gym, or even a smaller home to save monthly expenses. It's possible that you're also prepared to sell so you can advance in your life. It might be time to move to a new neighborhood, city, or state or to find a house that better fits your family.

    The Think Frink Home Team is your one stop shop for everything real estate!

    When it comes to real estate...THINK FRINK!

     

    THINK FRINK HOME TEAM | www.thinkfrinkhometeam.com 

     Mobile: (206) 794-2159