Increasingly high demand of home buyers due to a record-breaking low interest rates in history is another great reason and advantage for a seller to sell right now. If you’ve been contemplating selling your Bixby house, or your Kiefer house, well, there hasn’t ever been a better time. Also, we don’t know how long interest rates are going to remain this low and how long inventory is going to remain low. Low interest rates could be your ace if you’re planning of selling your Bixby or Kiefer house.
Hi, I’m Sabrina Shaw with Homes by Sabrina, and I would imagine that a lot of people have been putting off selling their home because of the virus but as the world begins to open back up and people start to feel more safe, you can imagine that inventory levels should start to increase, along with low interest rates, and buyers will have more to choose from. Right now, we’re seeing multiple offers like crazy in this market. Buyers are practically giving away their firstborn child to get into homes. Which means Sellers are on an advantage. Showing Time, which tracks the number of buyer showings on residential properties, recently reported buyer showings are at 51.5% and listen to what Daniil C., the Chief Analytics Officer of Showing Times quotes:
As anticipated, demand for real estate remains elevated and continues to be affected by low levels of inventory… On average, each home is getting 50% or more requests this year compared to January of last year. As we head into the busy season, it’s likely we’ll push into even more extreme territory until the supply starts catching up with demand.”
So sellers, there is no time like the present. Don’t let this advantage of high opportunity of high buyer demand pass you by. The ball is in your court. You have the selling advantage. If you’ve been thinking about selling, I can’t wait to hear from you, as we are always here to serve and guide you. Be sure to look out for four other videos on why now is the right time to sell, and if you’d like to binge watch, you can check them all out on our YouTube channel, Sabrina Shaw, Tulsa Realtor. And remember, when you do what you love, people love what you do, and we love what we do.