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Why Buying Now May Be Worth It in the Long Run
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Is Your House Priced Too High?
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3553 Bonari Ct, Concord
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Featured Properties
3553 Bonari Ct, Concord
3 Bedrooms | 2 Baths | 1,740 sq. ft. →$778,000
19595 Old Creek Road
3 Bedrooms | 2 Baths | 1,924 sq. ft. →$608,000
295 Honeysuckle Dr
3 Bedrooms | 2 Baths | 1,658 sq. ft. →$545,000
255 Boas Drive
3 Bedrooms | 2 Baths | 1,593 sq. ft. →$889,000
70 Augusta Circle
4 Bedrooms | 4 Baths | 3,002 sq. ft. →$1,695,000
12 Bodega Ave
3 Bedrooms | 2 Baths | 1,851 sq. ft. →$1,159,000
101-105 Merrill St
2 Homes | 5 Beds/3.5Baths | 2,447 →$1,199,000
20732 Powder Horn Rd, Hidden Valley Lake
3 Bedrooms | 2.5 Baths | 1,496 sq. ft. →$401,500
888 Petaluma Blvd S
4-Plex | 7 Beds/4Baths | 2,597 →$1,550,000
23 Pinnacle Dr
4 Bedrooms | 3.5 Baths | 3,454 sq. ft. →$2,500,000
26 Merrydale Ct
3 Bedrooms | 2 Baths | 1,245 sq. ft. →$799,000
518 Arroyo Grande Ln
3 Bedrooms | 2 Baths | 2,460 sq. ft. →$640,000
224 Berryessa Dr
3 Bedrooms | 2 Baths | 1,247 →$499,000
2245 Fox Glen Dr
3 Bedrooms | 2 Baths | 1,858 →$740,000
7490 English Hills Rd
4 Bedrooms | 2.5 Baths | 2,636 sq. ft. →$1,300,000
18054 North Shore Dr
3 Bedrooms | 2 Baths | 1,496 sq. ft →$345,000
873 Fenley Way
3 Bedrooms | 2.5 Baths | 1,763 sq. ft. →$579,999
184 Mckinley Cir
2 Bedrooms | 2 Baths | 1,152 sq. ft. →$430,000
3751 Sebastopol Rd
121 Unit Apartment Complex →$52,500,000
106 Fallen Leaf Dr
4 Bedrooms | 2.5 Baths | 2.095 sq. ft. →$729,000
Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move.
Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say it’s a good time to sell is on the rise (see graph below):
Why Are Sellers Feeling so Optimistic?
One reason why is because right now is traditionally the best time of year to sell a house. A recent article from Bankrate says:
“Late spring and early summer are generally considered the best times to sell a house. . . . While today’s rates are relatively high, low inventory is still keeping sellers in the driver’s seat in most markets.”
These are the seasons when most people move. That means buyer demand grows. And because there still aren’t enough homes for sale to meet that demand, sellers see some serious perks. According to Rocket Mortgage:
“Homes that are listed at the end of spring and the beginning of summer typically sell faster at a higher sales price.”
What Does This Mean for You?
More sellers are coming to realize conditions are ripe for a move. And that’s one reason why we’re seeing more homeowners put their homes up for sale. If you think you might want to get in on the action, it’s a good idea to start preparing.
A local real estate agent can help you get your house ready by offering advice on how best to fix it up and make it appealing to buyers in your area.
They also know if you list during the peak buying seasons of spring and early summer, you might sell quickly and for a higher price.
Bottom Line
If you list during the spring and early summer, you might sell your house quickly and for a higher price. When you’re ready to make the most of today’s seller’s market, let’s get in touch.
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