Omaha Real Estate

5 Reasons to Sell This Fall

5 Reasons to Sell This Fall

5 Reasons to Sell This Fall | MyKCM

Here are five reasons listing your Omaha home for sale this fall makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.

Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing inventory is still under the 6-month supply that is needed for a normal housing market.

This means that, in the majority of the country, there are not enough homes for sale to satisfy the number of buyers in the market. This is good news for homeowners who have gained equity as their home values have increased. However, additional inventory could be coming to the market soon.

Historically, the average number of years a homeowner stayed in their home was six, but that number has jumped to an average of almost nine years since 2008. There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.

The choices buyers have will continue to increase. Don’t wait until this other inventory comes to market before you decide to sell.

3. The Process Will Be Quicker

Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to 43 days, after seeing a 12-month high of 48 days in January.

4. There Will Never Be a Better Time to Move Up

If your next move will be into a premium or luxury home, now is the time to move-up! The inventory of homes for sale at these higher price ranges has forced these markets into a buyer’s market. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly AND you’ll be able to find a premium home to call your own!

Prices are projected to appreciate by 5.0% over the next year according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait.

5. It’s Time to Move on With Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.

That is what is truly important.

5 Reasons to Sell This Fall
share
5 Reasons to Sell This Fall Here are five reasons listing your Omaha home for sale this fall makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very… more
Happily Ever Homeowner
share
Happily Ever Homeowner Married couples once again dominated the first-time homebuyer statistics last year at 66% of all buyers, according to the most recent Profile of Home Buyers & Sellers It is no surprise that having two incomes to… more
4 Reasons to Buy a Home This Fall!
share
4 Reasons to Buy a Home This Fall! Here are four great reasons to consider buying an Omaha home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6. 7%… more
America Needs Your House!
share
America Needs Your House! The biggest challenge in today’s Omaha real estate market is a lack of housing inventory. How big of a challenge is the housing shortage? Here are what four industry economists are saying on the issue (emphases added):.. more
14, 904 Homes Sold Yesterday… Did Yours?
share
14, 904 Homes Sold Yesterday… Did Yours? There are some homeowners who are patiently waiting to get the price they hoped for when they originally listed their houses for sale. Something these homeowners might want to take into consideration is… more
Top 5 A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC]
share
Top 5 A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC] S ome Highlights: Hiring an Omaha real estate professional to buy your dream home, or sell your current house, is one of the most 'educated' decisions you can make! An Omaha real… more
NEW LISTING! Omaha Home for Sale in Tiburon
share
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4, 000 TO $7, 000! CALL 402-676-6700. Unbelievably stunning home in Tiburon on a huge corner lot. Step inside and discover great features such as custom cherry soft-closing cabinets and drawers, hickory… more
Where Are Home Prices Heading in The Next 5 Years?
share
Where Are Home Prices Heading in The Next 5 Years? Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey Every quarter, Pulsenomics surveys a… more
NEW LISTING! Papillion Home for Sale in Eagle Crest
share
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4, 000 TO $7, 000! CALL 402-676-6700. Awesome and bright six bedroom home in Papillion. The two-story entry invites you in to see how amazing this home is. Open layout on the main floor includes a… more
NEW LISTING! Omaha Home for Sale in Cinnamon Creek
share
SPECIAL FINANCING. PAY NO LENDER FEES. SAVE $4, 000 TO $7, 000! CALL 402-676-6700. Be amazed with this fantastic ranch in Cinnamon Creek. The beautiful eat-in kitchen has many updates including new granite counters, tile backsplash, flooring, and… more