5 Reasons to Sell Your House This Summer with Utah Realty

5 Reasons to Sell Your House This Summer | MyKCM

Here are 5 compelling reasons listing your home for sale this summer makes sense.

1. Demand Is Strong

The latest Buyer Traffic Index  from the National Association of Realtors (NAR) shows that buyer demand remains 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 for the same 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 needed for a normal housing market. This means that, in most of the country, there are not enough homes for sale to satisfy the number of buyers.

Historically, the average number of years a homeowner stayed in his or her home was six, but that number has hovered between nine and ten years since 2011. Many homeowners have a pent-up desire to move, as they were unable to sell over the last few years due to a negative equity situation. As home values continue to appreciate, more and more homeowners are granted the freedom to move.

Many homeowners were reluctant to list their home over the last couple of years for fear that they would not find a home to move in to. That is all changing now as more homes come to market at the higher end. The choices buyers have will continue to increase. Don’t wait until additional inventory comes to market before you to 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. Buyers know exactly what they can afford before home shopping. This makes the entire selling process much faster and simpler. According to Ellie Mae’s latest Origination Insights Report, the time to close a loan has dropped to 43 days. (Last numbers available.)

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 created a buyer’s market. This means that if you are planning on selling a starter or trade-up home, it will sell quickly, AND you’ll be able to find a premium home to call your own!

According to CoreLogic, prices are projected to appreciate by 4.8% over the next year. 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 having the freedom to go on with your life the way you think you should?

Only you know the answers to these questions. 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 start living the life you desire.

That is what is truly important.

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Selling Your Family Home is a Type of Loss

Selling Your Family Home is a Type of Loss

Selling Your Family Home is a Type of Loss It’s easy to tell yourself that your house is just a building made of walls and ceilings and light fixtures and flooring, but when it comes time to sell, you may start to feel the sting of grief. After all, you don’t know if...

3 Graphs About Today’s Real Estate Market

3 Graphs About Today’s Real Estate Market

3 Graphs that Show What You Need to Know About Today’s Real Estate Market The Housing Market has been a hot-topic in the news lately. Depending on which media outlet you watch, it can start to be a bit confusing to understand what’s really going on with interest rates...

Now is the Time to Move-Up

Now is the Time to Move-Up

Looking to Upgrade Your Current Home? Now’s the Time to Move-Up! In every area of the country, homes that are priced at the top 25% of the price range for that area are considered to be Premium Homes. In today’s real estate market there are deals to be had at the...

Utah Home Prices Top Three In the Country

Utah Home Prices Top Three In the Country

Utah home prices increased 9.80 percent in the fourth quarter year-over-year, giving the state the third fastest growing home prices nationally, according to the Federal Housing Finance Agency. Idaho was No. 1, with prices there rising 11.93 percent. North Dakota was...

what credit score do you need to buy a house in utah

what credit score do you need to buy a house in utah

What Credit Score Do You Need To Buy A House? There are many misconceptions about the credit score needed to buy a house. Recently, it was reported that 24% of renters believe they need a 780-800 credit score to be considered for a mortgage. The reality is they are...

Housing Crash in Utah

Housing Crash in Utah

3 Reasons Why We Are Not Heading Toward Another Housing Crash With home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of...

first time buyer?

Ready for some Baby Steps Start looking for homes at https://Utah RealtyPlace.com/buying Let Marty be your guide to a new home! After all his is the most interesting Realtor in Utah! https://youtu.be/lqHiZgEy074    

How To List Your Home for the Best Price

How To List Your Home for the Best Price

How To List Your Home for the Best Price If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the...

Why It Makes No Sense to Wait for Spring to Sell

Why It Makes No Sense to Wait for Spring to Sell

Why It Makes No Sense to Wait for Spring to Sell The price of any item (including residential real estate) is determined by the theory of ‘supply and demand.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item...

The Difference Having a Professional on Your Side Makes

The Difference Having a Professional on Your Side Makes

The Difference Having a Professional on Your Side Makes In today’s fast-paced world, where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, with...

Utah Housing Loan Changes

Utah Housing Loan Changes

Did you know? Utah Housing has made some changes to our Loan Programs; these changes will become effective with Mortgage Purchase Agreements (interest rate locks) issued on or after February 11, 2019.  https://utahhousingcorp.org/   HomeAgain: May include an...

Average Home Mortgage Rates Over Time

Average Home Mortgage Rates Over Time

With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.0% by this time next year according to Freddie Mac. The impact your interest rate makes on your monthly mortgage...

Will Home Prices Continue to Increase

Will Home Prices Continue to Increase

There are many unsubstantiated theories about what is happening with home prices. From those who are worried that prices are falling (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational...

Is your Moving Company Safe?

Find out on this Federal Website if the Moving company you want to use is safe.    Moving Company Nightmare Courtesy of KSL.com KSL Investigates: A moving company nightmare

Home Affordability Factors

https://bit.ly/2P552tr Don't tell anyone but here is the secret link to daily home updates! Click Here How does my home compare to my Neighbors? Find out at Home Value

Buy now or Wait

https://bit.ly/2NgbA6L   Call us today to talk to a Master Certified Negotiation Expert & Certified Residential Specialist! Find out your options. ITS FREE TO ALL CONNECT UTAH MEMBERS Text or Voice Marty @ 801-205-3500 Laurie @...

National Hottest Real Estate Markets

National Hottest Real Estate Markets

Salt Lake City used to be one of the hottest real estate markets in the country, but now is ranked No. 116 out of 300 metros in the month of August, according to Realtor.com. Salt Lake is a "slightly hot" market that is "cooling down." Median...

Days on Market April to June of 2018

Days on Market April to June of 2018

Hot Sellers Market is Cooling of as Fall Approaches   Stats are for April, May, and June of 2018 Secong Quarter of 2018 (April-June) An article in Realtor Magazine. The fall season is cooling down more than the temperature outside; it's also putting a...

Real Estate Reality Show Myths

Real Estate Reality Show Myths

https://bit.ly/2w14Wve   Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of “Love it or List it,” “Million Dollar Listing,” “House...

What does Backup Offer Mean

What does Backup Offer Mean

Please keep in mind that most listing status changes must be made within three (3) business days of the date the status change occurs, with the exception of listings which are Canceled (change within 24 hours) and listings which are Sold (change within 5 business...

Mortgage Lending Video 2

Now that you're ready, it's time to get Pre-Approved. Let's take a look at how that works! Find the Right Lender for You! Our Trusted Lenders

Closing The Sale Video 5

Your offer got accepted, CONGRATULATIONS! But don't start moving in yet, there is still the Escrow process which takes an average of 30 days but can be as long as 6 months or as short as 3 days! Our Title People are Real Super Heroes!

The Offer Video 4

The Offer Video 4

It's everything you dreamed of! The perfect size, ideal floor plan, prime location, you have no problem calling this "Home" .... except it's not your's yet. Let's get into the Offer and Negotiation Process! Here's a little tip. Find a real certified...

The Home Search Video 3

Time to start your home search! The best way  to get homes you like is to use our Exclusive Home Search Tool!  We Bring You Newly Listed Properties When Ever any Broker or Agent in the State Lists a Property!

Buying a Home in Utah

  Sometimes I don't use all 8 of my Designations my friends >>>.... But sometimes I do! Don't settle for less go with the Best! Martin Gale, MCNE, CNE, CPRES, CRS, ABR, CDPE, SFR, EPRO. OVER 30 YEARS FULL TIME EXPERIENCE   [video...

Find An Experienced Realtor

87% of real estate agents fail in the first 5 years of entering the industry, according to The National Association of Realtors. 75% of you fail in the very first year, according to NAR. Ouch! Those numbers are sobering for sure, but they are...

Highest Median Prices in Salt Lake County

Highest Median Prices in Salt Lake County

Article courtesy of Salt Lake Board of Realtors Salt Lake County home prices continued to climb in the second quarter of 2018, according to the Salt Lake Board of Realtors®. The median single-family home price in the April-through-June period increased to...

2019 to 2023 The next 4 years

What is Utah Real Estate Going to do in the next 3- 4 years? If interest rates creep up to about 5% the inventories will fatten up and prices will either adjust down ever so slightly or remain the same for the next 18 months. A giant elephant in the room, no one seems...

First Time Buyers

Find the best Negotiator for your first home! https://utahrealtyplace.com/marty-gale https://bit.ly/2uoF4Jg

Find a Real Estate Professional

Find a Real Estate Professional

A professional is defined many ways in real estate. Find a professional that has been certified. Look for a CRS or a MCNE. UtahRealtyPlace.com has Marty Gale who is the only Realtor in the State of Utah with Both. https://bit.ly/2tQ0QF9 Unlock...

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