Q: Should You Sell Your Home Right Now? - High Performance Real Estate Advisors

Yes, it’s a good time to sell, and there are three main reasons why.

This may be the most common question we hear: Is it the right time to sell your home? There are three main reasons why the answer is yes:

1. Low interest rates. Interest rates are at an all-time low, and this means buyers are out because they want to take advantage. Serious buyers are ready to transact. Despite everything that’s going on in the world and the U.S., buyers are looking to purchase. Rates are expected to stay in the low to mid-threes for the foreseeable future. 

2. Low inventory. Inventory is also at an all-time low. There aren’t enough houses to satisfy all the buyers in the market. Inventory has decreased by about 20%, meaning buyers will be competing for your property.

3. Increasing prices. In any real estate market, when there isn’t enough inventory but a ton of demand, prices will rise. There has been roughly an 8% year over year price increase compared to 2019. 

If you’re considering moving into a larger home or relocating out of the Charlotte area, we can provide a free home equity evaluation. We’ll take a look at your property either in person or virtually, and based off of your home, its features, and the neighborhood, we can tell you what it could sell for. There is no obligation or cost. 

If you have further questions about our market or anything else concerning real estate, please call or visit our website. We would love to help you.