Now Is A Great Time To Sell

Mortgage rates have been astonishingly low over the recent months, hovering around 3%. This has been great for sellers and buyers alike. Unfortunately, these low rates are due to increase, already reaching 4%. Even though home values are continuing to rise, within a couple of year buyers may be put in a situation where they can’t afford to buy. This makes the time frame you have to sell even smaller. And remember once you sell, you then become the buyer looking for a home. Supply is continuing to dwindle, with one of the reasons being that 44% of Americans are still underwater on their homes. The demand is increasing, which combined with the low supply, is causing home prices to spike. So if you are looking to sell, now may be the time. Read the full article here: http://www.housingwire.com/fastnews/2013/06/06/now-great-time-sell-according-zillow-ceo