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Why Winter 2020/2021 Will Be a Great Time to Sell

Why Winter 2020 2021 Will be a great time to sell your home in Ann Arbor

Winter 2020/2021 will be a great time to sell.

“It will be one of the best winter sales years ever,” states the National Association of Realtors Chief Economist, Lawrence Yun (source: Realtor Magazine). He also states that if there is enough inventory to meet the demand, home sales could grow 20-30% in 2021.

The current factors driving home prices higher and higher are consistently high demand, low inventory, and high affordability due to low interest rates on mortgages. Those low interest rates, however, are not expected to continue dropping long into the future for many reasons beyond an economic recovery, which may pull opportunistic buyers out of the market and decrease what borrowers can afford, shrinking the buyer pool (source: HousingWire).

Realtors have adapted very well to helping buyers and sellers conduct business as safely as possible. Safety is our absolute top concern. Masks and hand sanitizer, virtual and touch-free tours are all part of the “new normal” in our everyday business, which has not slowed.

If the timing makes sense for you, there is a large pool of eager buyers waiting for your home to hit the market. Now is a great time to sell!

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