In 2006, you saw the housing bubble completely crash and burn, which put buying and selling homes at a near standstill. Homes were being foreclosed on, even people with good credit couldn’t get loan approvals and sellers who were getting offers on their properties stood little chance of selling them for their true worth.
As a result, many folks who had their properties up for sale at the time that everything went awry decided to make a hasty exit from such a hostile and unpromising environment. They had hope that better days would eventually arrive, and that they would be able to sell their homes for a fair price.
As a real estate agent, I still see people eight years later still waiting to put their home up for sale. The main reason for this stalling is that they’re terrified to try and re-enter the housing market at the wrong time.
Perhaps you are one of these very people who decided to cut your losses and stay in a home because it seemed that fate had forced your hand. Or, you might even be one of the many that are fresh to the home selling scene and are ready to move on to the greener pastures of a new home. Either way, it’s likely that you have wondered if now is the right time to sell, or if you should hold out for the economy to improve just a wee bit more.
I won’t misguide you. There are many of my colleagues who would say that holding out a little longer would serve you well. However, I have a good bit of data to back up my belief that now is the perfect time to get your house on the market. Following, I have disclosed this data and compiled four solid reasons that you should absolutely sell your home as quickly as possible. Making a move immediately will most definitely work for you rather than against you, my friend. Now is the time.