With the birth of a new year, many big decisions are in our lives. We decide everything from New Year’s resolutions to how the year will play out in general. For many Homeowners, the beginning of a new year is the time to decide whether or not to sell their homes. If you’ve been pondering about selling your house, now is the excellent time to do so! But why sell your house in the 2022 real estate market?
Demand is Staying Steady
Back in 2020, the housing market wasn’t doing so well. The outbreak of the COVID-19 pandemic left many families with financial instability. So, not too many people were looking for a new home. However, conditions started to improve throughout 2021. Hence This means that the demand for homes for sale slowly started to rise. Now, experts continue to predict that 2022 will have tons of buyer demand.
Prices are Still Increasing
Since so many people are looking for homes right now, sellers can often increase their asking price. What’s more? Home prices soared in 2021, and they’re predicted to do the same throughout the new year. There are a remarkably low number of homes on the market right now. If you do happen to have a property for sale, you’re likely to snag a buyer in record time.
Interest Rates are Low Right Now
Often, home buyers will wait until the interest rates are low to purchase a home. As of writing in January 2022, interest rates are just above 3%. It’s expected that interest rates will probably climb somewhat throughout the year. However, many experts believe that the rates will still be considered low compared to previous decades. Mainly if you’re looking to sell your home in the early months of 2022, you’re likely to find a buyer pretty fast.
Options for Selling Your Home
Have we convinced you why you should sell your house in the 2022 real estate market? Have you determined that 2022 is the year you’re going to sell your home? There are several ways you can go about getting rid of your property. You may choose to list your home on the traditional market. But selling your home this way can take weeks or even months. Plus, you have to pay commission to your real estate agent. Alternatively, you could try to sell your home on your own. However, this often takes much longer and leaves you responsible for any repairs that might be needed.
To sell your house quickly and get as much money for your property as possible, consider working with a cash buyer like Inhouse Offer. We pay cash for your house and provide you with an offer in 72 hours or less. You can be done with the entire process in just a matter of days! If you’re thinking, “It’s time to sell my house in Inland Empire,” get in touch with Inhouse Offer today! We buy houses in California as is, eliminating any repairs or hidden fees you might be worried about.