{"id":20527,"date":"2024-02-21T00:30:18","date_gmt":"2024-02-21T07:30:18","guid":{"rendered":"https:\/\/woodriverweekly.com\/?p=20527"},"modified":"2024-02-19T14:55:09","modified_gmt":"2024-02-19T21:55:09","slug":"dont-wait-until-spring-to-sell-your-house","status":"publish","type":"post","link":"https:\/\/woodriverweekly.com\/index.php\/2024\/02\/21\/dont-wait-until-spring-to-sell-your-house\/","title":{"rendered":"Don\u2019t Wait Until Spring To Sell Your House"},"content":{"rendered":"

BY ANNA & MICHELLE<\/em>
\nAs you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season,\u00a0you don\u2019t actually need to wait until spring to sell. Here’s why.<\/p>\n

1. Take Advantage of Lower Mortgage Rates<\/strong>
\nLast October, the 30-year fixed\u00a0mortgage rates\u00a0peaked at 7.79%. In January, they hit their\u00a0lowest level\u00a0since May. That means you may not feel as locked-in to your current mortgage rate right now. That downward trend in rates has made moving\u00a0more affordable\u00a0now than it was just a few months ago.
\nAnother reason today\u2019s rates make now a good time to sell? More buyers are jumping back into the market. Many had been waiting on the sidelines for rates to fall, but now that that\u2019s happening, they\u2019re eager and ready to buy. That means more demand for your house.\u00a0According\u00a0to Sam Khater, chief economist at\u00a0Freddie Mac:
\n\u201cGiven this stabilization in rates,\u00a0potential homebuyers with affordability concerns have jumped off the fence back into the market.\u201d<\/p>\n

2. Get Ahead of Your Competition<\/strong>
\nRight now, there are still more people looking to buy a home than there are houses for sale, which puts you in a great position. But keep in mind, with the recent uptick in\u00a0new listings, we\u2019re seeing more sellers may already be re-entering the market.
\nListing your house\u00a0now helps you beat your competition and makes sure your house will stand out. And if you work with an agent to price it right, it could sell fast and get multiple offers.\u00a0U.S. News\u00a0explains:
\n\u201cWhen there is low housing inventory, sellers could get top dollar for their homes.\u201d<\/p>\n

3. Make the Most of Rising Home Prices<\/strong>
\nExperts forecast\u00a0home prices will keep\u00a0going up\u00a0this year. What does that mean for you? If you’re ready to sell your current house and plan to buy another one, it may be a good idea to think about moving now before prices go up more. That would give you the chance to buy your next home before it gets more expensive.<\/p>\n

4. Leverage Your Equity<\/strong>
\nHomeowners today have tremendous amounts of\u00a0equity. In fact, a recent\u00a0report\u00a0from\u00a0CoreLogic\u00a0says the average homeowner with a mortgage has more than $300,000 in equity.
\nIf you’ve been waiting to sell because you were worried about home affordability, know your equity can really help with your next move. It might even cover a big part, or maybe all, of the down payment for your next home.<\/p>\n

Bottom Line<\/strong>
\nIf you’re thinking about\u00a0selling your house\u00a0and moving to another one, let\u2019s connect to get the process started now so you can get a leg up on your competition.<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

BY ANNA & MICHELLE As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season,\u00a0you don\u2019t actually need to wait until spring to sell. Here’s why. 1. Take Advantage of Lower Mortgage Rates […]<\/p>\n","protected":false},"author":1,"featured_media":20528,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","_pvb_checkbox_block_on_post":false,"footnotes":""},"categories":[64,38],"tags":[],"class_list":["post-20527","post","type-post","status-publish","format-standard","has-post-thumbnail","category-better-homeowners-news","category-sponsored"],"_links":{"self":[{"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/posts\/20527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/comments?post=20527"}],"version-history":[{"count":1,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/posts\/20527\/revisions"}],"predecessor-version":[{"id":20529,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/posts\/20527\/revisions\/20529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/media\/20528"}],"wp:attachment":[{"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/media?parent=20527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/categories?post=20527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/woodriverweekly.com\/index.php\/wp-json\/wp\/v2\/tags?post=20527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}