As a homeowner, it’s pretty tempting to dream about the next big project you’re going to take on. I’m sure there are many. Should I remodel? Should I refinance? Should I sell? The list goes on and on.
In today’s Connecticut Real Estate housing market, it’s actually a great time to start thinking about selling toward selling your house and moving up into the home of your dreams. Here’s why:
Inventory is on the rise, but there’s still an overall shortage of houses for sale (less than a 6-month supply found in a more normal market), so homes are going under contract quickly. In fact, the National Association of Realtors (NAR) Realtors® Confidence Index Survey reports that right now homes are only staying on the market for an average of 27 days. That’s less than one month, an even more accelerated pace from the 36-day trend we saw this time last year.
The same report also says there are more interested buyers than active sellers today, which is a big factors driving home prices higher.
This gives us and ideal market for sellers aiming to close a quick sale and earn a big return as we enter the fall season.
If you are interested in listing your East Lyme CT Real Estate, Waterford CT Real Estate, New London CT Real Estate and Groton CT Real Estate give Justin Bradley Real Estate a call. We are your local real estate agent near me and a top real estate agent.