The Benefits of Selling Now, According to Experts πŸ€”πŸ’ͺ

Dated: May 25 2023

Views: 29



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

Wes Dorsey

Wes Dorsey is an associate real estate broker with the Dorsey Realty Group brokered by eXp Realty, LLC. Wes holds a MBA from Southern Methodist University – Cox School of Business and is a membe....

Latest Blog Posts

Worried About Home Maintenance Costs? πŸ πŸ› οΈ

Worried About Home Maintenance Costs? Consider ThisIf one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some

Read More

What’s Next for Home Prices and Mortgage Rates? πŸ€”

What’s Next for Home Prices and Mortgage Rates?If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home

Read More

Is It Getting More Affordable To Buy a Home? πŸ πŸ“‰

Is It Getting More Affordable To Buy a Home?Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is

Read More

Should Baby Boomers Buy or Rent After Selling Their Houses? πŸ‘ΆπŸ 

Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider.

Read More