We have the answers!
Oh, it’s SPRING! Finally! All over Mt Airy the grass is getting green and lush, flowers are popping up everywhere, trees are budding and blooming and best of all, everyone seems happy and energetic! But where are all the houses to sell? Where is the land to buy?
Spring has traditionally been the best time to list your house. Sellers and Buyers with school age children time it: list/buy in spring, move in summer. The last couple years, there has been a hesitancy to list too soon for fear of selling too fast and not being quite ready to physically move. To allay some of the worries, REALTORS® have become expert negotiators of the Post Settlement Occupancy agreement and the Contingency: Finding A Home of Choice (a complete reverse of the norm: Buyers being contingent on their Home Sale.)
On the flip side, earlier this year when the weather warmed, we saw a stream of homes come on the market. “People get weary of being cooped up!” said fellow RE/MAX Realty Plus agent Mari Uzzo. “I’ve noticed perhaps due to COVID – that the Spring market starts earlier and earlier each year. As soon as we get a few nice days in February we begin to see an influx of homes on the market. Our market has been saturated with buyers but few homes. Once we get back to a more ‘normal’ and balanced market. I believe we will once again see Spring as the busiest season for sellers and buyers.” With inflation looming and interest rates rising – but still historically LOW! – we may see a normalization of the market this year. The question is: When? “This Spring I believe will be a great time for sellers,” says Blake Haegele, fellow agent at RE/MAX Realty Plus. “We will see a lot of record breaking sales prices due to buyer demand and historically low inventory. The buyers will face competition like never before and accepted offers will continue to be very strong. While the shift is upon us, I believe we will not see it until later on in 2022. Now is the time to sell!”
I could not have said it better: NOW is the time to sell!