Have you been thinking about selling your home? Maybe you’re ready to downsize. Maybe you’re looking for more space for your growing family. Maybe the pandemic has made you realize you want to live closer (or farther away from) your parents. Don’t worry, we won’t judge!
It’s no secret that that market has been hot in recent months, but as we head into the summer, what should you be expecting?
#1 – The Market is Still Hot
Forecasts from the BC Real Estate Association anticipate a drop in home BC home sales in 2022. This obviously doesn’t mean that you won’t be able to sell your home next, and it definitely does not mean home prices will drop, but why tread into uncertain waters? Nearly 4,000 homes sold in BC during the month of April with the average time on market hovering right around three weeks. And with good weather right around the corner and a hopeful return to certain normalcy as vaccines continue to roll out, this summer is shaping up to be a perfect time to sell your home. While the forecasts may predict a shift away from a seller’s market, sellers still hold the leverage right now. This is where a top realtor in Clayton Heights can help! Get in touch with us for some more information.
#2 – Take Advantage of Equity Gained in Your Home
As home values rise, there may be more incentive for you as a homeowner to sell. Many Canadians are still looking to enter the housing market for the first time. You can use this built equity to your advantage if you want to sell and move into a new home.
#3 – You can Find a New Home That Better Fits Your Needs
So much has changed over the last 14 months. We all talk about going back to “normal”, but none of us really know what that normal will be. Some of us may love working from home, and opt to stay at the home office moving forward. Maybe the need for a bigger backyard is crucial to your social life so that you can safely meet up with your friends and family. Whatever the reasons, if you’re looking for a new home, or a forever home, selling now would likely make a lot of sense.
If you’ve been thinking about selling your home, these next few months could be a great time to pull the trigger. We would be thrilled to help you make the process as easy and successful as possible! Give one of our top realtors a call at 604.825.2853 or email firstname.lastname@example.org and we’ll help you get started!