Sellers: Don’t Wait Until Spring To Make Your Move

<article class="post-154384 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-154384"><span class="entry-date">January 18, 2022</span><div class="entry-header center-block text-center"><h1 class="entry-title">Sellers: Don’t Wait Until Spring To Make Your Move</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=Sellers%3A+Don%E2%80%99t+Wait+Until+Spring+To+Make+Your+Move&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fsellers-dont-wait-until-spring-to-make-your-move%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
<div class="fb-share-button display-inline-block" data-href="https://gilliggroup.com/blog/sellers-dont-wait-until-spring-to-make-your-move/" data-layout="" data-size=""><a class="facebook solid fb-xfbml-parse-ignore" data-tracking="Post,Social Post Link Clicked,Twitter" href="https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fsellers-dont-wait-until-spring-to-make-your-move%2F&amp;src=sdkpreparse" target="_blank"><span class="force-hidden">Facebook</span></a></div>
<a class="pinterest solid display-inline-block" count-layout="horizontal" href="https://pinterest.com/pin/create/link/?url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fsellers-dont-wait-until-spring-to-make-your-move%2F&amp;description=Sellers%3A+Don%E2%80%99t+Wait+Until+Spring+To+Make+Your+Move" target="_blank"><span class="force-hidden">Pinterest</span></a>
<a class="linkedin solid display-inline-block" href="https://www.linkedin.com/shareArticle?mini=true&amp;url=https://gilliggroup.com/blog/sellers-dont-wait-until-spring-to-make-your-move/?shareSlug%3Dsellers-dont-wait-until-spring-to-make-your-move" target="_blank"><span class="force-hidden">LinkedIn</span></a>
<a class="email dashicons dashicons-email solid display-inline-block" href="mailto:?subject=From gilliggroup.com: Sellers: Don’t Wait Until Spring To Make Your Move&amp;body=Sellers: Don’t Wait Until Spring To Make Your Move%0D%0Dhttps://gilliggroup.com/blog/sellers-dont-wait-until-spring-to-make-your-move/" target="_blank"><span class="force-hidden">Email</span></a>
</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div>
<p><img alt="Sellers: Don’t Wait Until Spring To Make Your Move | Simplifying The Market" class="webfeedsFeaturedVisual wp-post-image" decoding="async" link_thumbnail="" loading="lazy" sizes="auto, (max-width: 549px) 100vw, 549px" src="https://files.simplifyingthemarket.com/wp-content/uploads/2022/01/13152226/20220118-KCM-Share-549×300.jpg" srcset="https://files.simplifyingthemarket.com/wp-content/uploads/2022/01/13152226/20220118-KCM-Share-549×300.jpg 549w, https://files.simplifyingthemarket.com/wp-content/uploads/2022/01/13152226/20220118-KCM-Share.jpg 750w" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" width="358"/></p>
<p>As you plan out your goals for the <a href="https://www.simplifyingthemarket.com/2021/12/17/2022-housing-market-forecast-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2">year</a>, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to know you’re making a good investment when you buy your new home. What you may not realize is, that opportunity to get the best of both worlds is already here.<span id="more-45851"></span></p>
<p><strong>You don’t want to wait until spring to spring into action. The current market conditions make <a href="https://www.simplifyingthemarket.com/2021/12/13/if-you-think-the-housing-market-will-slow-this-winter-think-again/?a=712984-fa409495d5d70154d03a25e81e9540e2">this winter</a> an ideal time to move. Here’s why.</strong></p>
<h4><strong>1. The Number of Homes on the Market Is Still Low</strong></h4>
<p>Today’s limited supply of houses for sale is putting sellers in the driver’s seat. There are far more buyers in the market than there are homes available, and that means buyers are eagerly waiting for your house. Listing your house now makes it the center of attention. As a seller, that means when it’s priced correctly, you can expect it to sell quickly and get multiple <a href="https://www.simplifyingthemarket.com/2021/11/16/sellers-youll-likely-get-multiple-strong-offers-this-season/?a=712984-fa409495d5d70154d03a25e81e9540e2">strong offers</a> this season. Just remember, experts project <a href="https://www.simplifyingthemarket.com/2021/11/18/home-sales-about-to-surge-we-may-see-a-winter-like-never-before/?a=712984-fa409495d5d70154d03a25e81e9540e2">more inventory</a> will come to market as we move through the winter months. The <em>realtor.com</em> <a href="https://www.realtor.com/research/2022-national-housing-forecast/">2022 forecast</a> says this:</p>
<blockquote>
<p><em>“After years of declining, the inventory of homes for sale is finally expected to rebound from all-time lows.”</em></p>
</blockquote>
<p>Selling now may help you maximize the return on your investment before your house has to face more competition from other sellers.</p>
<h4><strong>2. Your Equity Is Growing in Record Amounts</strong></h4>
<p>Current homeowners are sitting on record amounts of <a href="https://www.simplifyingthemarket.com/2021/12/21/the-average-homeowner-gained-56700-in-equity-over-the-past-year/?a=712984-fa409495d5d70154d03a25e81e9540e2">equity</a> thanks to today’s home price appreciation. According to the <a href="https://www.corelogic.com/intelligence/homeowner-equity-insights/">latest report</a> from <em>CoreLogic</em>, <strong>the average homeowner gained $56,700 in equity over the past </strong><strong>12</strong><strong> months.</strong></p>
<p>That much equity can open doors for you to make a move. If you’ve been holding off on selling because you’re worried about how rising prices will impact your own <a href="https://www.simplifyingthemarket.com/2021/12/08/struggling-to-find-a-home-to-buy-new-construction-may-be-an-option/?a=712984-fa409495d5d70154d03a25e81e9540e2">home search</a>, rest assured your equity can help fuel your next move. It may be just what you need to cover a large portion – if not all – of the <a href="https://www.simplifyingthemarket.com/2021/12/22/the-perks-of-putting-20-down-on-a-home/?a=712984-fa409495d5d70154d03a25e81e9540e2">down payment</a> on your next purchase.</p>
<h4><strong>3. While Rising, Mortgage Rates Are Still Historically Low</strong></h4>
<p>In January of last year, mortgage <a href="http://www.freddiemac.com/pmms/">rates</a> hit the lowest point ever recorded. Today, rates are starting to rise, but that doesn’t mean you’ve missed out on locking in a low rate. Current mortgage rates are still far below what they’ve been in <a href="https://www.simplifyingthemarket.com/2021/11/08/two-graphs-that-show-why-you-shouldnt-be-upset-about-3-mortgage-rates/?a=712984-fa409495d5d70154d03a25e81e9540e2">recent decades</a>:</p>
<ul>
<li>In the 2000s, the average mortgage rate was 6.27%</li>
<li>In the 1990s, the average rate was 8.12%</li>
</ul>
<p>Even with mortgage rates rising above 3%, they’re still worth taking advantage of. You just want to do so sooner rather than later. Experts are projecting rates will continue to rise throughout this year, and when they do, it’ll <a href="https://www.simplifyingthemarket.com/2021/11/24/how-smart-buyers-are-approaching-rising-mortgage-rates/?a=712984-fa409495d5d70154d03a25e81e9540e2">cost you more</a> to purchase your next home.</p>
<h4>
<strong>4. Home Prices Are Going </strong><strong>T</strong><strong>o Keep Rising with Time</strong><br/>
</h4>
<p>According to industry leaders, <a href="https://www.simplifyingthemarket.com/2021/12/15/what-everyone-wants-to-know-will-home-prices-decline-in-2022/?a=712984-fa409495d5d70154d03a25e81e9540e2">home prices</a> will also continue appreciating this year. While experts are forecasting more moderate home price growth than last year, it’s important to note prices will still be moving in an upward direction throughout 2022.</p>
<p>What does that mean for you? If you’re selling so you can move into a bigger home or downsize to the home of your dreams, you want to consider moving now before rates and prices rise further. If you’re ready, you have an opportunity to get ahead of the curve by purchasing your next home before rates and prices climb higher.</p>
<h3><strong>Bottom Line</strong></h3>
<p>If you’re considering selling to move up or downsize, this may be your moment, especially with today’s low mortgage rates and limited inventory. Let’s connect today to get set up for homebuying success this year.</p>
</div>
</div></article>