Why Now is a Good Time to Sell Your Home
Washington, DC - You've probably sat around wondering when is a good time to sell your home. Well the answer is truly now, now is the perfect time to sell your home if you have at anytime thought about relocating. For two reason, there is low inventory (which creates a sellers’ market) and also because home prices are on the rise. This is the third consecutive month where we have seen terribly low inventory levels thus increasing home prices.
The total existing-home sales (including single-family homes, townhomes, condominiums and co-ops) increased by 2.0 percent. At this rate July stood to be the highest pace of sales since 2007. According to the National Association of REALTORS® the housing inventory at the end of July decreased by 0.4 percent and this is now 4.7 percent lower than average a year ago.
With all this being said, now is the perfect time to sell your house. The market is extremely hot right now. Washington DC has the lowest unemployment rates in the country and supply is low with demand being high; factors that create the perfect storm for those who thought about selling in the past.
Adams Morgan Homes for sale and Real Estate Service. Sherman Hardy is your local Real Estate Expert for Washington, D.C., and surrounding areas. You now have free access to Washington, DC Ultimate Real Estate Search Engine! I'm ready to provide you with a custom home valuation if you're considering selling your home. Google or call me today and let’s discuss how I can help you. Sherman Hardy 301-659-5004