Here are 5 Reasons to Sell Your Miami Home Before Spring!

Here are 5 Reasons to Sell Your Miami Home Before Spring!

Even if the calendar doesn’t say so, in the world of real estate, spring is pretty much here. If you want to sell your Miami home before the spring season, you have less time than you think to get your home on the market. Many sellers feel that the spring is the best time to place their homes on the market as buyer demand traditionally increases at that time of year. However, the next few weeks before spring hits also have their own advantages.

Here are five reasons to sell your Miami home before the spring season

1. Demand is Strong 

Depending on what neighborhood and the type of property you have to sell, foot traffic refers to the number of people who are out, physically looking at homes right now. The latest foot traffic numbers from the National Association of Realtors (NAR) show that the number of buyers out looking for their dream homes in December reached the highest mark since February 2016.

These buyers are ready, willing and able to buy…and are in the market right now! Take advantage of the strong buyer activity currently in the market.

2. There Is Less Competition Now 

Additional inventory is about to come to market.

The choices buyers have will increase in the spring. Don’t wait for this other inventory to come to market before you sell.

3. The Process Will Be Quicker

One of the biggest challenges of the housing market has been the length of time it takes from contract to closing. Banks are requiring more and more paperwork before approving a mortgage. There is less overall business done in the winter. Therefore, the process will be less onerous than it will be in the spring. Getting your house sold and closed before the spring delays will lend to a smoother transaction.

4. There Will Never Be a Better Time to Move-Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by 4.7% over the next 12 months according to CoreLogic. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30-year housing expense with an interest rate around 4% right now. Rates are projected to rise by half a percentage point by the end of 2017.

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 your health? 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 the questions above. You have the power to take back 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.

If you have more questions about getting your home listed and sold now, text, call or email Jamey 305-793-8965.

Some info from our KCM blog

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About Jamey Prezzi

Jamey Prezzi serves the residential real estate market from the South of Miami to parts of Broward and all neighborhoods in between. She works in collaboration with her husband, Ognjen Prezzi at ONE Sotheby's International Realty. Recognized as Top Producers over the last 12 years, they are committed to their customers as well as their local real estate community. Whether you are looking to sell your home or buy a new one, they have an in-depth market knowledge and can help guide you successfully through the neighborhoods, different types of homes and what to expect when selling or purchasing a home in South Florida. Their mission is to provide an over the top level of service by setting their clients up to succeed from the very beginning through providing sound advice, solid strategies, and following through with an "all hands on deck" approach throughout the sales process. They have a local real estate blog with over 800 blog topics and a popular youtube channel with more than 100 videos. Jamey is originally from South Carolina and Virginia. She resides in Miami Beach with Ognjen and their son.

Selling Real Estate in Miami

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