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Ready to Sell Your Grayslake Home?

Ready to Sell Your Grayslake Home?


4 REASONS TO SELL YOUR GRAYSLAKE HOME NOW

Many now realize that it is a great time to buy a home. It might also be an opportune time to sell your house.

1. Demand Is High

The most recent Existing Home Sales Reports by the National Association of Realtors (NAR) show a double digit percent increase in sales year-over year; sales have remained above last year’s levels for 25 months. There are buyers out there right now and they are serious about purchasing.

2. Supply Is Beginning to Increase

Total housing inventory is again approaching historic norms of a 5 month supply compared with 4.3 months in January. Many expect inventory to continue to rise as 3.2 million homeowners escaped the shackles of negative equity in the last 12 months and an additional 1.9 million are expected to enter positive equity in the next 12 months. Selling now while demand is high and before supply increases may garner you your best price.


3. New Construction Is Coming Back

Over the last several years, most homeowners selling their home did not have to compete with a new construction project around the block. As the market is recovering, more and more builders are jumping back in. These ‘shiny’ new homes will again become competition as they are an attractive alternative for many purchasers.


4. Interest Rates Are Rising

The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison projecting that rates will be up almost a full percentage point by this time next year.
Whether you are moving up or moving down, your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.

Look at the reason you are thinking about selling and decide whether it is worth waiting.

The time may have come for you and your family to put your house on the market today.

Click here to search Grayslake Homes for Sale.

Jim Starwalt

Thinking of making a move?

Log onto my website at www.StarHomeFinders.com and search Northern Illinois Homes for sale.

Registering is quick and easy!

Easily search Northern Illinois Homes for Sale with photos, open houses and virtual tours at StarHomeFinders.com

Jim Starwalt, Broker Associate

RE/MAX Center

Phone: 224-627-7581

Jim@StarHomeTeam.com

 Find Me Online

       

Ready to Sell Your Grayslake Home?






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