Thursday, March 3, 2022 / by Flr Team
When you’re selling any item, you usually want to sell it for the greatest profit possible. This happens when there’s a strong demand and a limited supply for that item. That time is right now in the real estate market. If you’re thinking of selling your home, now is the time to list.
According to economists, Spring is the hottest time of the year for homebuyers and sellers, and the home shopping season appears to already be in full swing. ShowingTime agrees. The ShowingTime Showing Index tracks the average number of monthly buyer showings on active properties. This is a highly reliable indicator of current and future trends for buyer demand. They have revealed that this winter has been the most active winter in five years! Now is a good time to sell when there’s such a strong demand for homes.
Another indication of a great time to sell is when housing supply is extremely low. Realtor.com releases data on the number of homes for sale each month. Their most recent report reveals the latest monthly number of homes for sale is the lowest we’ve seen in any winter since 2017. The best time to sell is when there is a limited supply available.
The ratio of buyers to sellers right now is favoring homeowners more than any other time in history! Buyer demand is high, and supply is low, giving sellers an incredible opportunity. Contact one of our real estate professionals at Florida Lifestyle Realty to discuss listing your home today.
Florida Lifestyle Realty