If you’re wondering whether now is a good time to list your home for sale, take these points into consideration:

1. Interest rates are at an all-time low. That means that buyers’ purchasing power is higher, making homes more affordable. Pre-pandemic, you could expect a $1,000 monthly payment for a house that costs about $207,000. Today, that same monthly payment of $1,000 would buy a home for about $240,000.

2. Inventory is also historically low. When there’s less inventory on the market, there’s also less competition for you. More than that, most of our listings are getting multiple offers, which means you’ll be able to sell your home faster and for more money.

3. Buyers are qualified and serious. Because inventory is so low, many buyers in the market have already lost out on other homes because they were outbid in a multiple-offer situation. That means they’re coming ready to play with their pre-approval letters and proofs of funds.

If you’re thinking about selling your home or you have any questions about it, reach out to us. We’d love the opportunity to show you how we can help you sell your home.