"Is there still time to list my home this year?”
Let’s check the data.
INVENTORY–
Levels are still low compared to historical averages and it's still expected to be a seller's market.
RATES–
The recent mortgage rate drop strengthens buyers’ purchasing power and will likely motivate buyers who've been waiting on the sidelines.
MEDIAN HOME PRICES–
The median home price in the U.S. sits around $430K but economic research suggests that, on average, home prices increase by 5 to 10 percentage points for every 1 percentage point decrease in interest rates.
Let's discuss your options! We can help you determine if selling in this market is right for you.
207.805.3716
Should I Sell This Year?
- By Lisa Bassett
- Posted
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