Thinking of selling? Don't wait! Here are 5 reasons you should sell NOW vs Spring:
1. Supply is Low – The inventory of homes for sale is the lowest it has been since before 2002 with 2.4 months of houses for sale. More people will be waiting until spring to list their house, get a head start by listing now.
2. Demand is High - Homes are selling at a pace not seen in the past 20 years, with an average of 56 days on market. In addition, 2015 sales are currently 20.8% higher than this same time in 2014.
3. Prices Are Increasing – The 2015 average home price in the greater Grand Rapids area has increased 7.6% compared to 2014.
4. Low Interest Rates – Mortgage rates continue to be historically low, allowing buyers to get more house for their money.
5. Serious Buyers – Buyers that want to look at houses in the snow are serious! They are more likely to be ready, willing & able to buy.
Statistics from Grand Rapids Association of Realtors based on sales in the greater Grand Rapids area through October 2015.
2015 Success Story, closed 1/9/15:
