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2022 is the Best Time to Sell Your Home
in Raleigh and Here’s Why

 

There’s no doubt we’ve been living in a seller’s market for the past year or so, and according to experts, this trend may be coming to a halt faster than we think. If you’re considering selling your home and haven’t yet capitalized on this market, now is the time to do so. 

Getting the Best Price for Your Home

When you’re looking to get the best price for your home it all comes down to supply and demand. If inventory in the housing market is low and demand is high, chances are you’ll get more than you put down for your home – and that is exactly what the Triangle’s real estate market is looking like today. 

Spring & Summer Months Bring High Demand

Historically, demand for the housing market decreases in the fall and winter months and picks back up in the spring and summer. Not to mention, those warm, sunny days make home tours even more enjoyable. With the fall months right around the corner, you’ll want to take advantage of this high demand while it lasts!

Capitalize on the Seller’s Market While You Can

As many of you know, inflation is creeping higher than ever and mortgage rates are beginning to surge. According to this article, the last time inflation reached this level, mortgage rates climbed to 17.5% for a 30-year mortgage. As a result, potential buyers are racing to lock in mortgage rates now, before they increase any more. For someone looking to sell their home, this is your chance to capitalize on this seller’s market, before it takes a turn. 

Raleigh is Ranked #2 of the Best Cities to Live in the Nation

With Raleigh being recently ranked #2 in the nation as one of the best cities to live in, demand for housing in this market is coming in hot. In fact, we recently wrote an article highlighting why people are moving to Raleigh and loving it. In addition to this, Apple recently announced plans to build a $1 million campus in Research Triangle Park according to WRAL, which will result in thousands of high-paying jobs. What do those individuals relocating need? Housing. 

With an influx of people moving to this area, now is the time to capitalize on this demand and get the most for your home. Contact us today if you’re looking to put your home on the market!