Spring is in the air, and with spring comes the peak season for selling homes.
Of course, some people with homes in Bonita Springs want to sit on the sidelines and wait, even though they’ve considered making the leap. One reason is because the market is still uncertain for some, and they don’t want to make a wrong decision.
That’s understandable, but there are two compelling reasons why you’d want to consider selling your Bonita Springs home now instead of waiting down the road to sell.
Competition Will Only Increase
In Southwest Florida, we are in a buyers’ market. Supply is constrained and pricing is competitive. That means selling a home is becoming more competitive, and that will only increase as supply becomes even more constrained.
This is especially true in the summer, when a lot of people list their homes. That means buyers will have more options, which means you’ll have a harder time to stand out.
It’s best to get ahead of the competitive curve and list earlier rather than later, so you have a better chance of attracting attention.
Buying Your Upgrade Home Will Become More Expensive
In this area, prices are rising each month. Interest rates are also going up. Put both of those together and the implication is simple: with each month that passes, buying an upgrade home after you sell your home will become more expensive.
Since upgrading is the goal of most when they go to sell a home, you’ll pay more for the home itself and pay more in interest if you finance a larger, more expensive home if you wait.
By listing now, you can get ahead of the price curve and purchase an affordable larger home before it gets more expensive.
Contact me today if you are thinking of selling your home in Bonita Springs and need expert consultation to make it happen.