Danbury sellers there is a great opportunity to sell your home in the best spring market in decades. Don’t miss out
Greetings! Winter will soon be over, the Super bowl will be played on Sunday, Valentine’s Day on Monday, and the Oscars will be held on Tuesday. Danbury homeowners, now is the time to prepare your home for the spring market.
Homeowners in Danbury or Stamford who are considering selling their homes this spring should begin the process now. There are several reasons why spring is a very popular time to sell a home on the current real estate market.
Buyers want to time their move with the school year – Many buyers begin their search in the spring and anticipate closing escrow no later than summer. This will give them the opportunity to become familiar with their new neighborhood before the school year begins.
A more competitive bidding process. Despite the fact that spring brings more sellers to the market, it also means that there are more buyers. There are more offers than at any other time of the year due to the wave of potential buyers. When your house is an attractive option, you can expect bids to rise as people battle to claim it for themselves.
Currently, sellers have an advantage in today’s market. This spring, there are clearly more buyers than sellers, creating the ultimate seller’s market. As a consequence, homeowners who are in a position to sell have the advantage during negotiations.
Agents report increased bidding wars and an average of 3.7 offers per house, according to NAR. Thus, the seller is in the driver’s seat – so much so that they are able to use leverage to negotiate the best price for their home. Condominiums are currently in high demand, so this is an excellent time to sell.
On today’s market Is it possible to make good money in real estate?
From Stamford to Danbury, real estate is in high demand.