Monday, April 22, 2013

5 Reasons to Sell Your Home Now

KSL.com recently published a story entitled "5 Reasons to Sell Your Home Now". The story was written by Amber Wykstra who publishes her articles on her blog called accordingtoamber.com.  Here's a brief recap of her article. To read the complete article check out the story on KSL.com

5 Reasons to Sell Your Home Now

1. Home Prices are Stabilizing
"In January 2006, the average sales price for a home in
Utah was $240,000. December 2012 UAR statistics show the average sales price per home was $242,524."

2. Get Ahead of the Competition
"According to the Utah Association of Realtors, absorption rates have improved by almost 33 percent, down to a 5.2 month's supply. This means there are fewer homes for sale on the market, creating a greater demand."

3. Only Serious Buyers are Out
"With the mortgage qualifications tightening up, only those purchasers who are serious about buying a home will be in the market."

4. There Will Never be a Better Tim to Move Up
"Selling your home will give you the opportunity to continue to ride the appreciation wave, especially if you are looking at a larger, more expensive home."

5. Lenders are Paying Attention
"Most lenders have changed their processes to accommodate a purchase market. That means that they have strategically chosen to process purchase transactions in a shorter timeline that refinances. As a result of this, you should be able to close within 30 days of accepting your offer. If your buyer asks for more time than 30 days, don't be afraid to ask why."

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