By the Kent Redding Group
AUSTIN, TX. – Are you planning on selling your home but aren’t sure if you should make this year the year that you sell it or not? If so, here are 4 urgent reasons why you should sell your Austin Texas Home in 2017.
Reason #1 - Low Mortgage Interest Rates
For the last two years, we’ve enjoyed a long period of historically low interest rates but with a new President of the United States, times are changing. Rates are predicted to increase to 5% this year, and 6% by 2019, so we can expect more people to get pre-approved for mortgages this year before interest rates continue increasing and make buying a home unaffordable to many.
Reason #2 – Home Inventory Remains Tight in Austin Texas
2017 is shaping up to be another year of tight home inventory in Austin Texas and this is another good reason for you to sell your home because with fewer homes for sale, and more buyers, you may receive multiple offers on your home and ultimately selling it for more than what it’s worth.
Reason #3 – Home Prices Continue Rising
Thanks to the huge demand for Real Estate nationwide, fueled by low interest rates, we’ve seen 57 straight months with year-over-year price gains and as the value of your Austin Texas Home continues to increase there’s never a better time than right now for you to sell your house while prices remain high.
Reason #4 – Strong Jobs Market
A strong jobs market is also another great reason for you to sell your Austin Texas home because when wages increase, consumer confidence will also increase as well, and this is also good for sellers because this means that more consumers will be thinking of buying instead of renting homes in Austin Texas.
When you combine all of the reasons mentioned in this article it’s obvious that 2017 is going to be a great year for you to sell your Austin Texas Home, especially since if you plan on buying another home.
Search for An Austin Texas Home
To get started with searching for an Austin Texas Home contact the Kent Redding Group today by calling us at (512) 306-1001 or click here to connect with us online.