During the last crash, selling a home was nearly impossible. It could have taken you almost a year to sell, depending on the area you lived in, because of the high levels of inventory. That’s certainly not the case today. In fact, we don’t have much inventory at all. A home that comes on the market priced well and in good condition can sell within days.
We don’t have much inventory at all.The current market isn’t only a great one to sell your home in, but it’s also a great market to buy a home in. You can lock in a nice low interest rate right now before they are expected to rise incrementally later in the year. We anticipate a lot of millennials entering the market. At the same time, a lot of baby boomers are going to be looking to downsize. With the economy picking up, home buyers who are looking to move up are becoming more common as well. We are not in a speculative market right now in Northern Virginia. We’re in a market where it pays to be active, whether you’re buying, selling, or both. If you’re interested in taking advantage of the current conditions, don’t hesitate to give us a call or send an email. We look forward to hearing from you soon.