Why Should You List Your Home Sooner than Later?

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Why should you list your Bergen County home now, before the spring market is in full swing? It's a good question, and one we get a lot. Today, we explain the benefits of getting your home to market early.

1. Homes are selling every day: In the last 60 days, over 225 single-family homes have sold in our area.
2. The transfer market is extremely active: This is the time of year that people who have been offered jobs in our area are out looking for a place to live.
3. You can change the closing date: By the time your home goes through the entire closing process, it will be early summer and you won't have to rush to find a new home!
4. Buyers have fewer options: Inventory is low right now, and buyers are gobbling up the best homes as they come on the market. There is a 25% deficit in inventory compared to where we usually are, and demand has only increased.
5. Interest rates will rise soon: Right now is the perfect time to take advantage of low interest rates. Instead of waiting until later and having to deal with rates as high as 5-6%, you can lock in a rate between 3-4% right now, which will save you thousands in monthly payments over the course of the loan!

It's pretty obvious: beating the competition to the market is crucial if you want a successful home sale. If you want to take advantage of these fantastic selling conditions, or if you need real estate assistance of any kind, don't hesitate to reach out to us! We would love to hear from you!