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Could it be a good time to Sell?

Category: Market Trends  |  Permalink

Published: Wednesday, April 28, 2010

Seems hard to believe that now could be a great time to sell a home.  People often seem shocked when I talk about the lack of inventory considering we are in a down market.  There is a limited number of bank owned homes available and they are selling quickly to the highest bidder.  We are flooded with Short Sales.  Although Short Sales are moving quicker it is still a long process.  Available homes are receiving multiple offers and usually sell over asking price.  More and more Standard Sales are popping up.  Since most people don't have enough equity to sell, those that can are taking advantage of the market.  If you find yourself in a position to sell why not?  Maybe you will not make a great profit like you would have when prices hit an all time high, but if your intention is to buy another home then sell and take advantage of a low price on your new home purchase.  If you have been thinking your current home does not fit your needs any longer consider this just may be the perfect time to get your dream home!
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