The Benefits of Selling Now, According to Experts

Dated: May 25 2023

Views: 99

The Benefits of Selling Now, According to Experts




If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so few homes on the market, buyers will have fewer options, so you set yourself up to get the most eyes possible on your house.

Here’s what industry experts are saying about why selling now has its benefits:

Lawrence Yun, Chief Economist at the National Association of Realtors (NAR):

“Inventory levels are still at historic lows. Consequently, multiple offers are returning on a good number of properties.”
Selma Hepp, Chief Economist at CoreLogic:

“We have not seen the traditional uptick in new listings from existing homeowners, so undersupply of housing will continue to heighten market competition and put pressure on prices in most regions. Some markets are already heating up considerably, but price premiums that we saw last spring and summer are unlikely.”
Clare Trapasso, Executive News Editor at Realtor.com:

“Well-priced, move-in ready homes with curb appeal in desirable areas are still receiving multiple offers and selling for over the asking price in many parts of the country . . .”
Jeff Tucker, Senior Economist at Zillow:

“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”

Bottom Line

If you’re thinking about selling your house, let’s connect so you have the expert insights you need to make the best possible move today. 

Blog author image

Rex Hall

🏡 Real Estate Professional Helping You Achieve Your Goals 🏡Hi there! I'm a former telecom engineer/project manager who, in spite of enjoying the technical world, I found the daily routine of sta....

Latest Blog Posts

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped OffComparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due

Read More

Moving Now Can Give Your House Its Day in the Sun [INFOGRAPHIC]

Moving Now Can Give Your House Its Day in the Sun [INFOGRAPHIC]Some HighlightsIf you want to sell your house, consider doing it this summer. The days are longer, the weather is warmer, and it&rsquo

Read More

Remember and Honor Those Who Gave All!

Remember and Honor Those Who Gave AllWe remember and honor those who gave all.Some

Read More

The Benefits of Selling Now, According to Experts

The Benefits of Selling Now, According to ExpertsIf you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available

Read More