If you’re trying to decide if now’s the time to sell your house, here’s what you might want to think about. The limited number of homes available for sale right now gives you a big advantage. That’s because there are buyers that want to buy! As a country, and especially in the markets where iFinder operates, there is a housing shortage.
A Simple Explanation of Why Selling NOW Could Benefit Your Family
A Simple Explanation of Why Selling NOW Could Benefit Your Family
Inventory
There are not enough “rooftops” in existence when you compare household formation to completion of new construction. In 2022, 2.06 million households were formed according to the US Census Bureau, bringing the total number of household formations from 2012 to 2022 to 15.6 million households. During that same time period, just 13.1 million housing units were started, and 11.9 million were completed, with 8.5 million being single-family units and 3.4 million being multifamily units.
Then, add in the current mindset of homeowners that is keeping an even smaller percentage of those rooftops for sale. In fact, Lawrence Yun, Chief Economist at the National Association of Realtors, reported on July 11, 2023 that: “Inventory recently hit its lowest level since 1999.” That means the lowest number of homes for sale in the last 25 years!
Growing Job Markets & Population Growth
Most of the areas that have iFinder Offers in full swing, also have growing job markets and population growth each month (maybe each day!). Metro Atlanta had the second highest rate of job growth in the nation among large metro areas, U.S. Bureau of Labor Statistics.
It's Up to You!
With house-hungry buyers, and fewer options for those buyers, you as a home seller can literally choose the sales process that suits you and your family.
- You can choose receiving offers with no signs, no showings, no repairs and no hassles through iFinder.
- You can choose a great real estate agent to help you maximize your net proceeds as a seller.
- You can choose your own close date and then a date that you will actually vacate the property.
Low housing inventory for sale means it is a great day for you to sell your home, and choose what works for you & your family every step of the way!
Check out www.iFinderOffers.com or e-mail us at info@iFinderOffers.com.
When you’re ready to make the move, it’s important to be prepared.
With iFinder Offers to help you navigate the process, you can find the right buyer and make the most of your home sale.