Now Might Be the Perfect Time To Sell Your Home – Here’s Why

Some homeowners hesitate to sell because they have unanswered questions holding them back. However, many of these concerns stem from misconceptions, not actual market conditions. By consulting with a real estate expert, you can gain the clarity you need to move forward with confidence.

If uncertainty is keeping you from making a move, now is the time to get the real answers—answers that could show you just how beneficial selling your home could be.

1. Is It a Good Time To Sell?

If you already own a home, you may be reluctant to sell because of the prospect of taking on a higher mortgage rate for your next home. However, your financial position might be stronger than you think, thanks to rising home values.

Consider this: Have any homes in your neighborhood sold recently? If so, you may have been surprised by the sale price. According to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), the typical homeowner has gained $147,000 in housing wealth over the past five years.

That’s a significant amount of equity that can help fund your next home purchase, making your move more feasible than you might have expected.

2. Will I Be Able To Find a Home I Love?

If you’re concerned about finding a suitable home, you’re not alone. Over the past few years, inventory was tight, making home searches more challenging. However, today’s market is seeing steady improvement.

According to data from Realtor.com, housing inventory has increased by nearly 25% compared to this time last year:

While inventory levels are still lower than pre-pandemic norms, they have improved significantly. Experts predict that available listings will grow another 10-15% this year, giving you more options than you’ve had in recent years. That means you have a much better chance of finding a home that fits your needs and lifestyle.

3. Are Buyers Still Active?

If you’re worried that no one is buying homes due to current interest rates and pricing, here’s some perspective to consider. While last year’s home sales were lower than in a typical market, approximately 4.24 million homes were still sold (excluding new construction), according to the National Association of Realtors (NAR). And experts anticipate that number will rise in 2025.

But even if home sales simply match last year’s numbers, here’s what that looks like in real-time:

• 4.24 million homes sold ÷ 365 days = 11,616 homes sold per day

• - 11,616 homes ÷ 24 hours = 484 homes sold per hour

• - 484 homes ÷ 60 minutes = 8 homes sold per minute

In the time it took you to read this, eight homes have already sold. The market is far from stagnant—buyers are still actively searching for homes just like yours.

Bottom Line

If you’ve been holding off on selling due to uncertainty, now is the time to get the facts. With rising home values, increasing inventory, and steady buyer demand, the market is in a much better position than many believe.

If you’re considering selling and want to explore your options, don’t hesitate to reach out to Mike Panza and the team at Panza Home Group. They’re ready to provide the insights and guidance you need to make the best decision for your future.