Why Are You Hesitating To Sell Your Home?

A few facts might help you.

Maybe you're among the 23% of current homeowners who are considering selling their home, but haven’t yet put it up for sale.

A recently conducted Homeowners Sentiment Survey suggests that some homeowners simply are not aware of the selling opportunities in the market right now.

If you've been on the fence about selling your home or just haven't carved out the time from your busy schedule to do it yet, consider the following:

1. Inventory is down: the number of homes for sale on the market is lower, giving buyers fewer choices. In fact, the National Association of Realtors reports that housing inventory is down 4.7% from the same time last year and that the month’s inventory of homes for sale stood at 4.8 – far below the six months necessary for a normal housing market. Less inventory means greater opportunity if you are selling a home.

2. False: 80% think credit scores make it difficult to get a loan. Scores are often lower which means that buyers are definitely around.

3. False: stricter lending requirements make it more difficult to get a mortgage. Reality: the Mortgage Credit Availability Index shows lending standards have been consistently easing over the last year.

4. False: 68% think that current homeowners are trapped into their mortgages and are unable to sell their current homes. Fannie Mae revealed that 32% of Americans are dramatically underestimating the current equity in their homes.

Education is essential in today’s market. – Gino Blefari, CEO, HSF Affiliates

So with just a little research, the reasons that favor selling a home now become pretty clear.

Skyrise Real Estate Group uses today's technology reach and tools to make it easier to navigate the sale of your home.

We jump in running and don't believe in wasting your time. See what our clients say.