If you’ve been playing around with the idea of selling your home, we’re here to tell you, “Do it!”
Here at Reozom, which is an online real estate transaction platform, we have been watching listings flying off the market. Here’s why you should list today:
1. Inventory is low.
Michigan is still a Seller’s Market, which means that conditions are favorable for the seller. There are more buyers than houses, so the seller’s property is in higher demand and is very likely to get what they’re asking for (or in certain cases, even more).
Buyers are looking for finished, move-in ready houses. Today’s buyers live in an on-demand world and they want the same for the house they are about to buy. Make sure to keep that in mind to increase the success on your sale!
2. Opportunity is high.
In Southeast Michigan, homeowners have more jobs, money and equity in their homes than they’ve had in 10 years. Homeowners who have felt financially trapped in their homes (due to the housing crash) are now finally free to move.
The opportunity for having a better job and making more money is only increasing. According to the U.S. Bureau of Labor Statistics, job growth in the Detroit area has been outpacing the national average at 2.2%.
3. Mortgage rates – yep, they’re still low.
Buyers are on the prowl because mortgage rates are still below 4%. If you are a homeowner wanting to sell, it’s the perfect time to put in an offer on your move-up home, too. You will get the most for your current home and then be able to lock in a mortgage for your new home for much less.
It’s a win-win all around for everyone. So, we suggest making the bold move and selling.
Here at Reozom, we have made the entire real estate transaction easier, faster and more affordable than it’s ever been. You’ll be shocked at how simple the selling process is when using our tech platform.
Head on over to our Registration page to get started today!