Top 5 Reasons to SELL Right Now!

The summer season is Hot in Northeast Florida and so is the Housing Market! If there ever was a time that you were debating selling your home, Here are the Top 5 Reasons that may help you decide.

1) Inventory is Low. 

The inventory of homes for sale in our area is down. This means less competition for sellers. With fewer homes for sale, properties are going under contract Fast if priced right!

2) Out of state traffic has & will continue to Increase.

More and more people from out of state are wanting to relocate here. People from the North, Midwest and West Coast are migrating here in staggering numbers. The demand for the suburbs is high as many folks want out of the metropolitan areas. People want to spread out and they want more space. With more people working from home it is easy to see why most would want to make this area their home. Our weather, green space and our beaches make Florida Highly desirable right now. People want to socially distance respectfully without cramping their lifestyle and at an affordable price. 

3) Interest rates are Historically Low!

With mortgage interest rates so low there are more people who can afford to buy right now. This along with low inventory is a prime reason we are seeing properties sell very quickly. Some sellers are even receiving multiple offers from buyers competing for their property. 

4) Cash buyers are on the Rise.

We are seeing more cash buyers. The influx of these types of buyers is partially due to the increase in buyers coming from more expensive markets in the country & also ones choosing to downsize to put themselves in a more secure financial position given the uncertainty of today’s political, social & economic landscapes.

5) It’s a Great time to reap the financial benefits of the current market.

The Market is Great right now. Sellers looking to downsize could expect to see significant reduction in debt, i.e. mortgage payment, property taxes, utilities, etc. Sellers looking to move-up could expect to take advantage of the crazy low interest rates and get more house for less payment.

Contact me today to see what your home would sell for.  I will SAVE you money by listing your home for 4% & will get you Money Back on your next purchase! Please share if you know anyone looking to buy or sell. Edgewater Realty LLC 904-759-8002