With the arrival of Spring’s beautiful weather, many Oregonians have heard someone say: “Now is an excellent time to consider placing your home on the market for sale.”
However, you may wonder Why exactly is it considered such a good time to sell your Oregon property? Is it simply due to sunny skies? So if you’ve ever thought about selling your home, this article is for you. Here are three key reasons to now consider selling your Oregon home:
Reduced Inventory
There are fewer homes on the market right now. Our regional 3.1 month supply of homes means demand is stronger. That frequently translates to higher home prices. And with fewer competing sellers, you may need to negotiate less for your best deal.
Seasonality
Many home buyers shop in earnest during Oregon’s better weather months. It’s easier and more fun. There’s also more daylight to allow for seeing more properties. But there’s one other reason you may not have considered: School is out soon and that is a great opportunity for families with kids to move during Summer Vacation. Don’t miss out on these buyers!
Interest Rates
One of the big factors affecting home affordability is the interest rate charged by your lender. Interest rates remain near historic lows. This means even with rising prices, buyers can find homes to be more affordable if interest rates stay attractive.
Thinking about selling your Oregon home? Contact Certified Realty for a FREE report on what your property could sell for in today’s market using the convenient form below.