The recent chatter about rising mortgage rates is now a reality. National averages went from 3.35% in May 2013 to the most recent report today at 3.81%. When putting mortgage history in perspective, rates are still unbelievably low and will be for quite some time, even though they may continue to rise! For instance, in 1981 mortgage rates were up past 18%. In today’s economic environment, that is hard to even imagine!
With economic improvement, buyers are beginning the hunt and they are finding the market bare. If you are considering listing your home, now is a really great time! Buyers that have been sitting on the sidelines are now feeling confident and ready to buy, but they are finding few existing home options! This high demand and low inventory makes it a perfect time to list your home!
So you’ve been considering selling, and now you’re really thinking serious about a change. When listing your home, what should you do first? Easy as 1,2,3!
- Day One- Get rid of the clutter. Free yourself from all the junk and organize what’s left
- Day Two- Get your records and warranties out and organize them. If you are selling or buying, financial records and warranties easily available will make the process go smoothly for the seller and buyer
- Day Three- Curb appeal and Entryway- Nothing sells a home more than the feeling the buyer gets when walking up and through the front door. First impressions really do matter
It is an exciting time in real estate, so if you’re considering buying, selling or just have a question, feel free to contact us!