5 REASONS TO SELL YOUR HOME Now is a time to sell. Housing remains in high demand, with Be part of the solution and keep the housing economy afloat not enough homeowners supplying it. And, the economic by selling your property. With the funds you acquired after climate is favorable for buyers, particularly with low mortgage the transaction, you can then purchase a newer one. rates. 2. Less Competition The real estate industry continues to be a profitable business. Housing keeps on being of high demand, with not enough Now is the perfect time to sell, if you’re already mulling over homeowners supplying it, making now an optimum time to the decision, because you won’t have to work so hard to make your property stand out from a sea of listings. Don’t waste sell. any more time worrying about whether you can find a new Whether you’re going for an upgrade or selling surplus home after you’ve sold your previous one because additional property, you can stand to gain a handsome profit when you inventory may start popping up any time soon. take the leap and put up your home for sale. You can then use the funds you acquired to finance personal projects, such as You don’t even have to wait for private buyers to approach you for viewing. Companies like Nexus Homebuyers make buying another house or purchasing a car. the home selling process more straightforward because you Here are five reasons why you ought get full control over when you want to schedule the closing date. Moreover, these organizations pay through cash, which to sell your home if you can: means that you can use the funds instantaneously. 1. Constant Demand 3. Low Mortgage Rates As mentioned above, the demand for housing is unceasing. People from different economic levels need a place to sleep, eat, and bathe. You can take advantage of this phenomenon by listing your home for sale and buy a new one for yourself. While there isn’t much competition among real estate listings, banks and other lenders are coming up with better deals with mortgages. This is probably why refinancing has surged this year. According to a report by Harvard University, the US economy has witnessed an increase in incomes. This factor led to a rise in the number of people forming households. However, housing production still falls short of the demand, which takes its toll on house prices and rents. Homeowners who took out a loan last year are having their plans reconsidered because of the low-interest rates these days. This implies that a lot of people may think about buying a home in the next few months because of the favorable economic conditions. Ride the tide and grab the opportunity to earn from this phenomenon. 4. New Generation of Buyers There’s also a new generation of buyers in the market today. Millennials are settling down and building families, which means that they will need to find a place to build their nest. Putting up your home for sale can earn you a substantial profit, primarily when you’ve properly maintained your property’s value. Another form of buyers comes as entities who purchase properties in cold, hard cash. This type of home buyer, like Jamie Buys Houses, are a boon for sellers because they provide fair offers for your house without the complexities involved in dealing with banks and other corporate lenders. 10 | Central Oregon Homes & Business Residential • Commercial • Land