inception-app-prod/YTcxNjE4MDYtOGU5Yi00ZmZiLTgxNWQtYzIyYTQ0ZjkwNGZh/content/2021/06/remaxwhite.png
  • Home
  • MLS Search
  • Areas
    • Active Tom Wolf Team Office Listings
    • Oakland Park
    • Fort Lauderdale
    • Wilton Manors
    • Pompano Beach
    • Fort Lauderdale Waterfront Homes
  • Buyer
    • Are You Thinking About Buying a Home?
    • 4 Questions to Ask Before Buying a Home
    • Buying A Home
  • Seller
    • Seller’s Guide
    • 4 Questions to Ask Before Selling a Home
    • Home Valuation
    • Home Selling Advice
  • Blog
    • Fort Lauderdale Real Estate Blog
  • South Florida Luxury Realtor
  • More
    • Fort Lauderdale Realtor Reviews
    • Calculators
    • Schools
    • First Time Home Buyer’s Guide
  • Contact
  • Best in Real Estate 2022 Winner – SFGN
inception-app-prod/YTcxNjE4MDYtOGU5Yi00ZmZiLTgxNWQtYzIyYTQ0ZjkwNGZh/content/2021/07/highqualityTomWolf2017(1).jpg
954-709-2565
team@tomwolfrealtor.com
Sign In
Sign Up
inception-app-prod/YTcxNjE4MDYtOGU5Yi00ZmZiLTgxNWQtYzIyYTQ0ZjkwNGZh/content/2021/06/remaxwhite.png
  • Home
  • MLS Search
  • Areas
    • Active Tom Wolf Team Office Listings
    • Oakland Park
    • Fort Lauderdale
    • Wilton Manors
    • Pompano Beach
    • Fort Lauderdale Waterfront Homes
  • Buyer
    • Are You Thinking About Buying a Home?
    • 4 Questions to Ask Before Buying a Home
    • Buying A Home
  • Seller
    • Seller’s Guide
    • 4 Questions to Ask Before Selling a Home
    • Home Valuation
    • Home Selling Advice
  • Blog
    • Fort Lauderdale Real Estate Blog
  • South Florida Luxury Realtor
  • More
    • Fort Lauderdale Realtor Reviews
    • Calculators
    • Schools
    • First Time Home Buyer’s Guide
  • Contact
  • Best in Real Estate 2022 Winner – SFGN
inception-app-prod/YTcxNjE4MDYtOGU5Yi00ZmZiLTgxNWQtYzIyYTQ0ZjkwNGZh/content/2021/06/remaxwhite.png
inception-app-prod/YTcxNjE4MDYtOGU5Yi00ZmZiLTgxNWQtYzIyYTQ0ZjkwNGZh/content/2021/11/693fc2303737dd678c4d709fa63dc220301ee1cd.png

Is this a good time to sell your home?

inception-app-prod/YTcxNjE4MDYtOGU5Yi00ZmZiLTgxNWQtYzIyYTQ0ZjkwNGZh/content/2021/07/highqualityTomWolf2017(1).jpg
Tom Wolf,11/29/2021
 As we near the end of 2021, more homeowners are realizing the benefits of today’s sellers’ market. With homes appreciation to record highs, growing equity, low inventory, and competitive mortgage rates have motivated homeowners to make a move to address their new real estate needs.

Recently realtor.com showed a larger share of homeowners are planning to list their houses this winter. So, that means more homes will hit the market, which will lead to more choices for buyers too.

George Ratiu, Manager of Economic Research at realtor.com:

“The pandemic has delayed plans for many Americans, and homeowners looking to move on to the next stage of life are no exception. Recent survey data suggests the majority of prospective sellers are actively preparing to enter the market this winter.”

If you’re thinking of waiting until the spring to sell your house, know that your neighbors may be one step ahead of you by selling this winter. If you want to stand out from the crowd, this holiday season is the best time to make sure your house is available for buyers. Here’s why.

Sellers Are Still Firmly in the Driver’s Seat

Historically a 6-month supply of homes for sale is needed for a normal or neutral market. That level ensures there are enough homes available for active buyers (see below):

The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows the inventory of houses for sale sits at a 2.4-month supply nationally and 1.4-month supply for South Florida. This is well below a neutral market.

What Do the levels of inventory mean for you?

Most of you are familiar with Supply/Demand.  When Supply is low / Demand is high and When Supply is high/ Demand is low.  With the supply of homes for sale being as low as it has been, it’s is harder for buyers to find homes to purchase. This drives up competition among buyers, who then submit increasingly competitive offers to win out against others in the home search process. As this happens, prices rise and your leverage as a seller rises, putting you in the best position to negotiate a contract that meets your ideal terms.

And while the low housing supply we’re facing won’t be solved overnight, sellers this season should move quickly to maximize their potential. As the data shows, with more prospective sellers planning to list their homes this winter, selling sooner rather than later helps your house rise to the top of a holiday buyer’s wish list so you can close the best possible deal.

Take Away

Listing your home over the next few weeks gives you the best chance to be in front of buyers competing for homes this holiday season.  If you would like to schedule a Free Home Estimate Appointment or have any questions about the current real estate market, please contact us today.

Tom Wolf Team South Florida Realtors at RE/MAX Experience 

 

 

Print Details
Previous post
Next post
Don't believe the Hype. The Headlines mislead the story
Seven Star Real Estate Award
EHO
GRI
PSA
Realtor
RSPS
SFR
SRS
EHO
GRI
PSA
Realtor
RSPS
SFR
SRS

Office

RE/MAX Experience
1103 NE 26th StreetWilton Manors
FL 33305
954-709-2565
Team@TomWolfRealtor.com

About us

  • Fort Lauderdale Real Estate Blog
  • Fort Lauderdale Realtor Reviews
  • Tom Wolf Team South Florida Realtors

Explore

  • Active Lisitings
  • Fort Lauderdale Communities
  • New Construction
  • Fort Lauderdale Waterfront Homes

Consumer Protection & Privacy

  • Site Managed by MeineMedia.com
  • Accessibility
  • DMCA Compliance
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information you seek through an alternate communication method.

© 2023 All rights reserved

Created with Placester

Sign in

Sign In
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Your password needs:
At least one uppercase letter
At least one special symbol or number
At least 8 characters
Sign Up
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Enter your email address

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Your password needs:
At least one uppercase letter
At least one special symbol or number
At least 8 characters
Change password
Sign Up
Your password has been successfully reset.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Account verification in progress

Please wait...

Account Verified!
The page will reload automatically.
Go to the homepage
Verify your email address
In order to log in to your account, you need to confirm your email address. Please check your inbox!
Go to the homepage

Share this listing

Copy Link