Right now is a great time to sell your home. Not only is there less competition for you to face, but buyers are far more serious this time of year.
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During this time of year, homeowners who are thinking about selling their home often face the same question: should they list now or wait until spring?
If you find yourself in the same situation, we think you should try to sell now. The number one reason is the lack of competition you’d face. By comparison, many more people are planning to list their homes come springtime.
Another reason is that many people expect interest rates to increase next year. If they do, that will make it harder for potential buyers to buy your home, thus shrinking your buying pool. A number of job changes also occur at the end of the year, and the people who are affected by this will need to move quickly. This means you’ll deal with serious buyers only instead of any looky-loos like you would in spring.
With that in mind, what’s the fall/winter season going to look like for the Charlotte market? We think it’s going to be strong, and we base this on four statistical indicators measured over the past year:
- Pending sales are up 18%
- The average days on market before homes go under contract is down 28%
- Supply is down 28%
- The number of showings per listing is up 28%
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The Charlotte market is strong right now.
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