In 2016, existing-home sales were higher than 2015 and it ended up being the best year since 2006. Now that 2017 has arrived, you may be wondering whether or not it’s still a good time to put your home on the market. No one is able to say exactly what the future of the housing market holds, however certain trends lead us to believe it will still be a good year for sellers.
Although mortgage rates may rise, the National Association of Realtors expect home sales to grow around 2% this year, with the median price increasing 4%. Each local real estate market is different, so it is important for you to talk to a real estate agent to get expert advice. If you want to find out how the market for Central Virginia is looking for 2017, schedule a call with us and we will be happy to provide you with some insight.
If you have decided you are ready to sell your home, there are a few ways you can prepare to be on the market. One suggestion is for you to get a home inspection before you list. This will help you find any problems your home may be hiding so there will be no surprise expenses once your home has a buyer. It could also help determine the correct asking price for your home.
Before your home is on the market, it is also a good idea for you to rid your home of clutter and make sure it looks presentable. Buyers have a better first impression of homes that are tidy and well-kept. Clearing out clutter will make it look more spacious. If the paint on your walls isn’t looking its best, apply a fresh coat to make your home look show-worthy. It is also beneficial for you to freshen your decor with some new pillows, bedding, and other accessories. If you list your home with us, we would be more than happy to stage your home in a way that will impress buyers.
Prepping your home to be listed ahead of time will save you the stress of rushing to get everything done and will also put you in a good position to be ahead of other sellers before prime selling season arrives. If you are even thinking about selling your home this year, give us a call and we can help you through the entire process to make it as seamless as possible.