Considering a move soon and looking for the best reasons to sell your Carrollton, Texas home now?
You might be wondering if now is a good time to sell your home in Carrollton, Texas.
If you are either in the market to sell your Carrollton home or just starting to think about it, I wrote this article called “Getting your North Dallas Home ready to sell” for some ideas just for you.
With my extensive experience as a Realtor in North Dallas, I am here to guide you. Here are several solid reasons why you should consider listing your Carrollton home on the market right now.
Rapid Appreciation of Home Value
Real estate in Carrollton, Texas, has been appreciating at a relatively rapid pace. Over the past year, the value of a home has risen, allowing homeowners to enjoy an increase in their net worth.
If you brought your home several years back, chances are, it’s worth a lot more today.
This first step to planning for a successful home sale is to understand the value of the home you are about to sell. An instant home valuation can get you one step closer.
Low Inventory Levels
Inventory is simply the number of homes on the market. At present, the inventory of homes for sale in Carrollton, Texas is quite low.
A low inventory often benefits the sellers since there are fewer options for buyers. This puts you, as a seller, in a strong position to negotiate the best possible price for your property.
High Demand For Homes In Carrollton, Texas
Carrollton, Texas is a great place to live.
With its central location, easy access to other parts of the metroplex, reputable schools, large number of parks, etc., it’s a desirable place to settle down, and many buyers know this as well.
By selling your home now, you can take advantage of the demand this location is enjoying.
Substantial Equity
If you’ve owned your home for a while, you’ve probably built up quite a bit of equity, that is, the portion of the property you actually own.
As property values have increased over the years, homeowners in Carrollton can leverage that equity.
Selling your home now might give you the financial flexibility to move forward to your next phase of life, whether that’s downsizing or acquiring your dream home.
Mortgage Rates Make Now A Good Time To Buy
While mortgage rates were the lowest we’ve seen in recent history in 2020 – Fall of 2022, they spiked in the fall/winter of 2022, sending buyers into a temporary freeze.
With the onset of 2023, mortgage rates have begun to come down a little, enough for serious buyers to jump back in to take advantage of them and lock in home prices of today rather than tomorrow.
This makes now a great time to list your Carrollton, Texas home.
By listing now, you can benefit from the current financial market and have an easier time selling your home.
Improving Economy
Carrollton, Texas enjoys a robust economy with positive job growth, providing potential homeowners with a steady income.
With the economy on an upswing, folks are more confident about investing in homes. So, right now might just be your moment to cash in on the optimism.
I have put together a comprehensive home seller’s guide just for you.
Timing
There seem to be certain periods during the year where homes sell faster. Often, spring and summer are the best times to sell your home. However, with the current market conditions, homes are selling quickly throughout the year.
If waiting for the so-called peak season does not align with your plans, fear not. There are buyers out there waiting for properties like yours, irrespective of the time of the year.
Improvement in Home's Aesthetic Value
If you’ve made upgrades to your home, such as modernizing the bathroom or kitchen or creating a trendy and versatile outdoor living space, now may be the time to cash in on those enhancements. Today’s buyers appreciate homes that are ready for occupation, with minimal or no refurbishments needed.
In Summary
Remember, selling your home is a big decision and shouldn’t be a rushed process. Seek advice, educate yourself about the market, and understand what the potential home sale could mean for your financial health.
As Sherien Joyner, your friendly Realtor for North DFW, Texas, I can provide personalized advice to ensure you’re making a decision that works for your unique situation. Feel free to reach out to me to further discuss the sale of your Carrollton home.
While the market conditions have rendered the real estate landscape favorable for homeowners looking to sell, it’s your individual circumstances that should ultimately dictate your decision. If selling your home now aligns with your financial ambitions and lifestyle changes, seize the moment. Remember, opportunities are usually transient in the real estate market. So, take advantage of these favourable conditions while they last.
Sell With An Experienced Local Realtor® By Your Side
Your home is possibly one of your biggest investments.
So when it is time to sell it, it’s crucial you retain the best real estate professional, dedicated to help you maximize on your investment.
As an experienced local Realtor® and longtime resident of Carrollton, Texas, I have been fortunate enough to help many home sellers in my career.
I know the local real estate market well and know how best to position and sell your home in this community.
Coupled with a strong marketing background, my experience in real estate and a dedication to fulfill my clients’ goals in a real estate transaction, I take a very strategic and customized approach to market and sell your home for top dollar.
Step by step, I guide you through each step of the selling process, and communicate with you throughout the process, so you always know where we are and what’s next, from planning to the closing table.
