Many individuals are realizing that right now my be a great time to buy a home, but here’s a look at why selling now may be a great idea too:
1. Demand – There has been a 17.2% increase in sales since July 2012 and sales have stayed above the year-over-year levels for the last 25 months
2. Supply – Inventory rose by 5.6% last month
3. New Construction – Brand new homes are coming on the market more quickly and make for a competitive alternative to many buyers
4. Interest Rates – We have seen and increase of more than 1% since January and are currently hovering around 4.57%
Click here to read the more about each reason listed above and to check out reason #5!