If you own a Houston home and have thought about selling, now may be the perfect time.
The last few weeks and months have truly revealed the current state of the real estate market, and things are picking up. Fast. If you’ve thought about selling your home in the next year or so, now may be the perfect time to get the most bang for your buck.
As the Houston area reopens its economy, homebuyers are flocking to the area to find jobs. We have seen a huge number of people looking to take advantage of the opening economy, and the numbers are reflecting an unprecedented bump in the value of Texas real estate.
In the last 7 days, 1,352 homes have been put on the market.
In that same 7 days, 2,351 homes were put into a pending status.
That’s nearly double the number of buyers than sellers in the area. However, what does this actually mean for you? Ultimately, it means your home investment can pay off in a big way. In this month, the last two homes we put up, we sold in less than three days. One of which sold for $13,000 over the listing price.
Sellers are primed for a chance to capitalize on their long-term investments in a way that may not come back around again soon. The COVID-19 pause that we took in the Spring resulted in a large number of homes not making it into the market. Those beginning to enter the market, coupled with the large unemployment rate will likely begin to lead to the reduction in the price of real estate at a later time.
So, If you’ve thought about selling your home, now is the time to figure out how you can take advantage of this rapidly changing marketplace. Some Texas counties are currently reporting the biggest across the board property value increases in years. During this time, all homeowners should know what the valuation of their home is, and how this season is affecting their local market.
We can help you find out the price of your home, and exactly how this situation is affecting it. No matter the reason you’re looking to sell, If you’re ready to down-size, up-size, or anything in between, we are here to help. Just reach out! Forming relationships with our clients is our number one focus. We are there with our clients from start to finish. And at the end of it all, we’ll celebrate (with masks on, and wine glasses in gloved hands!)