Reasons to Sell Your Home in Montrose, Colorado This Year

If you are planning to sell your home, you may be wondering when the best time to do so is. The answer is right now, this year, 2021!

Low inventory, low interest rates; there are many reasons as to why now is the perfect time to put your home on the market.

Putting your home on the market at the right time is certainly of importance! That’s why, here at Glenn Steil Style Real Estate, as a Montrose real estate agent, I have gathered some reasons as to why you should sell your house this year. So, if you are all set to discover the details, be sure to read on:

·         Low Inventory. Right now, inventory is limited when it comes to homes for sale on the market. This means that potential buyers are more prone to jumping the gun when it comes to purchasing a house, as they want to get what they can, while they can. This is especially ideal for sellers, as homes are now more likely to fast, as well as at asking price, or even above!

·         Rising Prices. There is a current race for housing! Therefore, prices of homes are actually high right now. So, you can expect more offers to come in, as well as bidding wars, which also means that sellers can expect some pretty great deals!

·         Low Mortgage Rates. Mortgage rates are incredibly low this year, and buyers are certainly taking advantage of it. This means that there will be many more buyers anxious to purchase your home! So, know that homebuyers are wanting to find a house to purchase fast, so that they can lock in those low interest rates.

·         Pandemic Changes. Many people have been holding onto their homes due to the uncertainty of the pandemic. So, now that restrictions are slowly being lifted, people are ready to make the move to complement their new needs. And, on the contrary, some homebuyers are looking for a new house that they will feel safe in, while also presenting them with more space, if they choose to still stay indoors and be cautious.

·         Bored Buyers. Over the past year, many people have stayed in their homes for days straight, weeks, and even months at time due to quarantines. Because of this, people have gotten incredibly bored with their living situations, and are now looking for a change! Therefore, you can expect to see many eager buyers who are excited and ready to purchase a new a home to present them with a fresh start this year!

This year is certainly a great time to sell your home! These are just a few of the many reasons as to why.

If you are ready to buy or sell a home of your own with a real estate agent in Montrose, Colorado, please contact me here at Glenn Steil Style Real Estate! With years of realty under my belt, I am all set to be a part of your journey!