Mortgage rates are at an all time low, what does that mean for sellers ? There are ALOT of buyers jumping in to purchasing a home, with low rates buyers have more purchasing power. Demand is high and inventory is low. The data indicates buyers are out numbering sellers in this real estate market.
You know what that means, It’s a great time to be a seller.
Spring is typically the best time to sell a home since historically this is when most transactions occur and when homes sell the fastest but the impact of the Coronavirus on the US real estate market was tangible. Many experts believe this summer / fall could be one of the best times to sell a home in years.
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