Hey there, homeowners! It’s your friendly neighborhood Realtor, and today, I’ve got some exciting news for all you Fairfield and Westport sellers out there.
There are 3 Reasons to get a leg up on the market this year!
Reason 1: Pent-up Demand π
As we step into the spring market, there’s pent-up demand from buyers who’ve been eagerly waiting for interest rates to drop. And guess what? They have!
Reason 2: Affordable Rates π
Interest rates have dipped back into the 6% range, and there’s potential for more drops in 2024. Lower rates mean your home is more affordable for buyers, making it the perfect time to sell!
Reason 3: Increased Inventory Forecast π
Get this β Lawrence Yun, Chief Economist at NAR, predicts a 30% increase in national housing inventory this year. More options for buyers mean more competition for your home as a seller. This makes it a win-win to sell your house now!
So, whether it’s the economic trends, affordable rates, or the competition heating up, now’s the time to act! And hey, bonus point – the 2024 Farmer’s Almanac predicts an early spring! π·
Reach out to me, let’s chat about your plans, and get a leg up on your dream sale this season! π«
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