Is time running out to sell??
With the real estate marketing beginning to show signs of cooling, many sellers are asking if it's too late to sell. Put another way, they are wondering if they have missed the opportunity to sell for the highest price and best terms. My answer to this is easy: No--It's never too late to sell! Historically people buy and sell no matter what's going on in the world around them--through soaring economies and struggling economies, through wars and most recently we have seen even through major health crises.
Does that mean it's always a good time to sell? Not for everyone. If someone is just selling to test the market or to pull equity out "just because" it may not make sense. On the other hand, for most people it makes sense to sell when their lifestyle needs dictate that they need to.
Going back to what's going on in the market today, we are beginning to see signs of a shift in the market. Make no mistake: we are still in a strong seller's market and will continue to be for quite some time. We have continued low inventory and even with a slight pull back in buyer demand, there are more qualified buyers than homes on the market. While we may begin to see fewer offers, less crazy terms, etc. we are still very much in a market that will produce great offers and terms for sellers. At the end of the day, it's not too late to sell, but if you are someone who is thinking of doing so, it likely does make more sense to do it sooner rather than later!
if you have any questions about the timing of your next move and whether it makes sense for you to wait or not, message me so we can start discussing your options!
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