It’s that time again! High school football season is here and we have the 2019 schedules of the upcoming games for McLean High School and Langley High School. Be sure to double check with the schools on game time and admission as the games draw closer.
Not only is football season here, the fall real estate market is very much here and alive. Having said that, there are five compelling reasons why listing your home for sale this fall makes sense. Read more below.
|McLean High School (Highlanders) – McLean|
|9/20/2019||07:00 PM||Edison||Edison High|
|9/27/2019||07:00 PM||Wakefield||McLean High School|
|10/4/2019||07:00 PM||Mount Vernon||Mount Vernon High School|
|10/11/2019||07:00 PM||Yorktown||McLean High School|
|10/19/2019||07:00 PM||Herndon||Herndon High School|
|10/25/2019||07:00 PM||South Lakes||South Lakes High School|
|11/1/2019||07:00 PM||Washington-Liberty||McLean High School|
|11/8/2019||07:00 PM||Langley||McLean High School|
|Langley High School (Highlanders) – McLean|
|9/20/2019||07:00 PM||Fairfax||Fairfax High School|
|9/27/2019||07:00 PM||Oakton||Langley High School|
|10/11/2019||07:00 PM||South Lakes||South Lakes High School|
|10/18/2019||07:00 PM||Yorktown||Langley High School|
|10/25/2019||07:00 PM||Washington-Liberty||Langley High School|
|11/1/2019||07:00 PM||Herndon||Herndon High School|
|11/8/2019||07:00 PM||McLean||McLean High School|
Not only is football season here, the fall real estate market is here as well. There are five compelling reasons why listing your home for sale this fall makes sense.
1. Demand Is Strong
The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase…and are in the market right now.
Take advantage of the buyer activity currently in the market.
2. There Is Less Competition Now
Housing inventory is still under the 6-month supply that is needed for a normal market. This means that in the majority of the country, there are not enough homes for sale to satisfy the number of buyers.
Historically, a homeowner would stay an average of six years in his or her home. Since 2011, that number has hovered between nine and ten years. There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years due to a negative equity situation. As home values continue to appreciate, more and more homeowners will be given the freedom to move.
Many homeowners were reluctant to list their homes over the last couple years, for fear that they would not find a home to move to. That is all changing now as more homes come to market at the higher end. The choices buyers have will continue to increase. Don’t wait until additional inventory comes to market before you decide to sell.
3. The Process Will Be Quicker
Today’s competitive environment has forced buyers to do all they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and simpler, as buyers know exactly what they can afford before shopping for a home. According to Ellie Mae’s latest Origination Insights Report, the time needed to close a loan is 43 days.
4. There May Never Be a Better Time to Move Up
If your next move will be into a premium or luxury home, now is the time to move up. There is currently ample inventory for sale at higher price ranges. This means if you’re planning on selling a starter or trade-up home and moving into your dream home, you’ll be able to do that in the luxury or premium market.
According to CoreLogic, prices nationally are projected to appreciate by 5.2% over the next year. If you’re moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage) if you wait.
5. It’s Time to Move on with Your Life
Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than having the freedom to go on with your life the way you think you should?
Only you know the answers to these questions. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.
That is what is truly important.
If you’re thinking about selling or wanting to discuss the current market, please do not hesitate to call us at (571) 275-0871. We have the experience to help you navigate the local real estate market and transition to your next stage in life.
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The Royster Hearth Group does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The Royster Hearth Group will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
THE ROYSTER HEARTH GROUP
HOME is more than a place with a roof over your head. It is a place of comfort, love, warmth, rest and security – “HEARTH”. We want to help you reach that place. Hence, our mission at The Royster Hearth Group is simple – Serve Our Neighbors, Not Ourselves. We work hard to serve you in every aspect of the home-selling and -buying process.