Sell My House Fast – List Your House

The local real estate markets often heat up in the spring, but there are several warning indications that waiting that long might cost sellers a lot of money. Let’s look at why you shouldn’t wait until Spring to offer your house in Los Angeles to beat the competition:

Lowered Inventory

It should come as no surprise that there aren’t exactly a lot of people trying to sell their homes during the coldest months of the year. 

Local markets usually go into hibernation as things start to freeze, but this presents a fantastic opportunity for the ambitious owner wanting to sell right now. With fewer homes on the market, it’s even easier to transform your home into a show-stopper and beat out the competition.

More homeowners will be eager to put their houses on the market when the weather warms up, and you’d be better off getting ahead of them now rather than risk your home getting lost in the shuffle if you wait until spring to sell your home in Los Angeles.

The Demand Is There

One ongoing effect we are seeing from the COVID-19 pandemic is a buyer pool whose volume is constantly in flux, but always extremely motivated. 

The fundamental reason for this is that distinct COVID-19 variation waves come and go, and we are currently in the middle of one that is slowly but steadily declining. As the likelihood of transmission decreases, buyer confidence and comfort increase.

Sell My House Fast - List Your House

As a result of this shift, more buyers will come out to investigate the possibilities available in their Los Angeles local market. Whether or not purchasers are actively considering it, they all want to close on their new home before another variety appears, reigniting the uncertainty and delaying their plans once more.

Bidding wars have become quite common due to the low inventory, high buyer demand, and increased buyer savings they have stashed away in preparation to buy a home.

Interest Rates

An additional result of decisions made by the federal government in order to maintain economic stability throughout the global pandemic has been the lowering of real estate interest rates. 

This has enabled purchasers and owners to obtain new loans or refinance current loans at significantly reduced interest rates. This has been a huge help to both of these organisations, but things may be changing soon.

The Federal Reserve has indicated the intention of raising interest rates in an attempt to stymie inflation. The end result of this action would mean real estate interest rates climbing upwards again and tightening those financial tolerances for buyers. 

Getting out ahead of this possibility is going to do you nothing but good, as waiting to list your house in Lake Forest could see a decrease in interest.

Leverage Your Agent

Hiring the right agent for you can be key to closing on any transaction, and you should do everything you can to take advantage of their knowledge and expertise. 

Since there is lower inventory, agents are having to oversee fewer listings and can provide you more of their time and attention. 

Another series of resources that often goes untapped is the professional contacts your agent has made over the years. With the market currently slower than other times of the year, this could put you in a position to negotiate a better rate and utilize these resources. 

A professional photographer who can be engaged to curate a fantastic series of photographs that best depicts your property in an ad or listing is one of the most useful of these contacts. If you’ve already moved out, an interior decorator can assist stage the Orange property and make it feel more inviting for showings and open houses. 

Discuss any available options with your agent to take your Los Angeles home sale to the next level.

Help When You’re Ready to List Your House in Los Angeles

If you’re ready right now to list your house in Long Beach, or even if you want to wait a little while, contact us today at (714) 701-8210!

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