Why the Growing Number of Homes for Sale Is Good for Your Move Up

<article class="post-325848 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-325848"><span class="entry-date">June 7, 2022</span><div class="entry-header center-block text-center"><h1 class="entry-title">Why the Growing Number of Homes for Sale Is Good for Your Move Up</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=Why+the+Growing+Number+of+Homes+for+Sale+Is+Good+for+Your+Move+Up&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fwhy-the-growing-number-of-homes-for-sale-is-good-for-your-move-up%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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<p><img alt="Why the Growing Number of Homes for Sale Is Good for Your Move Up | 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/2022/06/06125831/20220607a-KCM-Share-549×300.jpg" srcset="https://files.simplifyingthemarket.com/wp-content/uploads/2022/06/06125831/20220607a-KCM-Share-549×300.jpg 549w, https://files.simplifyingthemarket.com/wp-content/uploads/2022/06/06125831/20220607a-KCM-Share.jpg 750w" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" width="358"/></p>
<p>Are you thinking about selling your current home? If so, the biggest question on your mind may be:<em> if I sell now, where will I go?</em> If this resonates with you, there’s something you should know. The <a href="https://www.simplifyingthemarket.com/2022/05/11/are-there-more-homes-coming-to-the-market/?a=712984-fa409495d5d70154d03a25e81e9540e2">number of homes</a> coming onto the market is increasing and that could make it easier for you to move up this summer.<span id="more-46617"></span></p>
<p>According to the <a href="https://www.realtor.com/research/data/">latest data</a> from <em>realtor.com</em>, the number of homes being listed for sale, known as <em>new listings</em>, has increased consistently this year (<em>see graph below</em>):</p>
<p><a href="https://files.simplifyingthemarket.com/wp-content/uploads/2022/06/06125434/20220607-MEM-Eng-1.png"><img alt="Why the Growing Number of Homes for Sale Is Good for Your Move Up | Simplifying The Market" class="aligncenter wp-image-46619" decoding="async" height="488" loading="lazy" sizes="auto, (max-width: 650px) 100vw, 650px" src="https://files.simplifyingthemarket.com/wp-content/uploads/2022/06/06125434/20220607-MEM-Eng-1.png" srcset="https://files.simplifyingthemarket.com/wp-content/uploads/2022/06/06125434/20220607-MEM-Eng-1.png 1000w, https://files.simplifyingthemarket.com/wp-content/uploads/2022/06/06125434/20220607-MEM-Eng-1-400×300.png 400w" width="650"/></a></p>
<p>While this news has clear benefits for buyers who are craving more options for their home search, what does that mean for current homeowners like you? It gives you two distinct opportunities in today’s <a href="https://www.simplifyingthemarket.com/2022/05/31/what-does-the-rest-of-the-year-hold-for-the-housing-market/?a=712984-fa409495d5d70154d03a25e81e9540e2">housing market</a>.</p>
<h4><strong>Opportunity #1: Take Advantage of More Options for Your Move Up</strong></h4>
<p>If your current house no longer meets your needs or lacks the space and features you want, this gives you even more opportunity to sell and <a href="https://www.simplifyingthemarket.com/2022/05/27/bright-days-are-ahead-when-you-move-up-this-summer-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2">move up</a> into the home of your dreams. As more options come to market, you’ll have more to choose from when you search for your next home.</p>
<p>Partnering with a local <a href="https://www.simplifyingthemarket.com/2022/05/23/work-with-a-real-estate-professional-if-you-want-the-best-advice/?a=712984-fa409495d5d70154d03a25e81e9540e2">real estate professional</a> can help make sure you see these listings as soon as they come onto the market. And when you do find the one, that professional can advise you on how to write a <a href="https://www.simplifyingthemarket.com/2022/05/03/things-that-could-help-you-win-a-bidding-war-on-a-home/?a=712984-fa409495d5d70154d03a25e81e9540e2">winning offer</a> to seal the deal.</p>
<h4><strong>Opportunity #2: Sell Before You Have More Competition</strong></h4>
<p>Just know that, in order to make sure <a href="https://www.simplifyingthemarket.com/2022/05/16/if-youre-a-homeowner-you-have-incredible-leverage-when-you-sell-today/?a=712984-fa409495d5d70154d03a25e81e9540e2">your house shines</a> above the rest, it may make sense to put your home up for sale before your neighbors do the same, creating more competition in your area. The increase in the number of homes being listed for sale is expected to continue, and a recent <a href="https://www.realtor.com/research/2022-spring-home-sellers/#anchor-11">study</a> from <em>realtor.com</em> says two-thirds of homeowners looking to sell say they’ll do so by August.</p>
<p>A real estate professional can advise you on what you need to tackle to get your house <a href="https://www.simplifyingthemarket.com/2022/05/04/your-house-could-be-closer-to-list-ready-than-you-think/?a=712984-fa409495d5d70154d03a25e81e9540e2">ready to list</a> so they can put that <em>for sale</em> sign up in your yard sooner rather than later. That’s because the process of getting a home <a href="https://www.realtor.com/research/2022-spring-home-sellers/#anchor-2">ready to sell</a> isn’t taking as long as you may think. As a result, you can capitalize on today’s <a href="https://www.simplifyingthemarket.com/2022/04/28/what-you-need-to-know-about-selling-in-a-sellers-market/?a=712984-fa409495d5d70154d03a25e81e9540e2">sellers’ market</a> and get ahead of the competition.</p>
<h3><strong>Bottom Line</strong></h3>
<p>If you’re a current homeowner looking to sell, let’s connect to begin the process. You have a unique opportunity to benefit from the additional homes being listed today and sell before your house has more competition.</p>
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