Should You Sell Your Home in 2024?

Licensed Realtor at Geri Reilly Real Estate

Contact info:

Cell: 603-340-1776
Office: 802-307-9608

🏠 Now is the Best Time to Sell Your Home! Here's Why... 📈

🔍 Introduction:
In this video, we explain why now is the perfect time to sell your home. The housing market is still a seller's market, with prices at an all-time high. However, inventory is rising, pending sales are down, and the market is beginning to shift towards a more balanced or even buyer’s market. Join us as we explore these trends and why you should consider selling your home now.

📊 Key Insights Discussed:

Seller’s Market Dynamics: Discover why the current market conditions still favor sellers, with high home prices and strong demand.

Record High Prices: Learn about the all-time high prices and what this means for potential sellers.

Rising Inventory: Understand the implications of rising inventory and how it affects the market dynamics.

Decline in Pending Sales: Explore why pending sales are down and what this indicates about buyer activity.

Market Shifts: Delve into the signs of the market shifting towards a more balanced or buyer’s market.

Expert Advice: Gain insights from real estate experts on the best strategies for selling your home in the current market.

💡 Why Sell Now?
Stay informed with our detailed analysis of the latest housing market trends. This video provides you with the knowledge to make a strategic decision about selling your home before the market shifts further.

#SellYourHome #SellersMarket #HousingMarket #RealEstateUpdate #HomePrices #MarketShift #RealEstate2024 #InventoryRising #PendingSalesDown #MarketAnalysis #RealEstateTrends #HomeSellingTips #HousingMarket2024

Sources:

[suzanneshultz]

My husband was transferred out of state and I need to be here a few years, so we could keep our house but have decided to sell before this election. Thanks for the data to back up this difficult decision.

[alexleanh]

I think you're right. The housing market in Florida has been trending down (not a whole lot, but still... down!) for the last 6 months. My neighbor still has not sold his house after 6 months on the market... even his asking price is just a tad above the comps... and he (and his listing agent) knows that. He's willing to negotiate the price as anyone would do in his case... but, no taker so far.

[MrJlnightshade]

I have the opportunity to purchase a new construction standing inventory. It's been reduced 40+ grand in a couple of month. It's at 5.5%. Buying seems like a good move, but I think that as prices continue to correct, It will end up being worth less than I buy it for and I will be upside in the home. It seems like despite all the pros in this purchase, the con is significant.

[gdoteof]

what about interest rates dropping? seems like that's a when, not an if. i think only places with tons of new builds and massive inventory will have big corrections. in vermont i cant imagine a correction except maybe at the highest end

[jeffersonjohns]

Excellent information and great factual data. Thank you!