Is Now a Good Time to Sell
Your Virginia House?
wondering,“Is now a good time to sell your Virginia house?” Several factors come into play when
making this decision, including the time of year, the current state of the housing market,
mortgage rates, and your personal circumstances.
Virginia Housing Market Overview: The current state of the Virginia housing market reveals an 8.0% increase in home prices in November 2023 compared to the previous year. However, a 10.4% decrease in the number of homes sold suggests a potential shortage, making it a seller’s market
with a 1-month supply.
Consideration of Personal Circumstances: Apart from market conditions, personal circumstances play a crucial role in deciding whether to sell a Virginia house. Homeowners should weigh factors such as job relocations, family changes,changes, and individual timelines when making the decision, as mentioned in the article.
according to Houzeo. Despite this positive trend, the number of homes sold decreased by 10.4%
year over year. This could be attributed to a shortage of available properties, making Virginia a
seller’s market with only a 1-month supply.
Real estate experts also predict a continued housing shortage in 2024, anticipating high buyer
demand that may drive home prices even higher. The expectation is for mortgage rates to
eventually settle around 6% to 7% in the spring of 2024, making this period potentially
advantageous for sellers.
Virginia House?
circumstances, and your individual timeline. It’s advisable to weigh these factors carefully and, if
needed, consult with a local real estate professional to make an informed decision that aligns with
your goals.
Top Dollar!
maximize your profits at the same time, work with
Carlos Pichardo and our real estate experts at Your
Home Sold Guaranteed Realty – Carlos Pichardo Team.
We’ve been working with home sellers in Fairfax and all
parts of Northern Virginia for many years.
We’re deeply familiar with the local housing market
and have developed effective marketing strategies toreach
pre-qualified buyers.
Our marketing strategies are so effective that we
continually outperform our competitors. On average,
we sell homes 18% faster than our competitors, and for
4.49% more profit.
On top of that, we offer unique seller guarantees, such
as our Guaranteed Sale Program. To learn more about working with us to sell your home, call (571) 556-8431 or send a message toinfo@yourhomesoldguaranteedrealtyassociates.com. You can also fill out the form on this page.
To Discuss Your Home Sale or Purchase, Call or Text Today and Start Packing!
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