Why You Should Sell Your Knoxville Home In 2019

Is this the year you’re thinking about selling your Knoxville home?

At the start of every new year, we make plans and make goals. You may be left wondering if 2019 is the year that you should sell your home. 2019 should be another great year for the real estate market.

Here is why you should sell your Knoxville home in 2019.

There Is A Need For Homes

The simple truth is that: there are too many buyers and not enough homes. Buyers are fighting tooth and nail in certain price ranges over the great homes that hit the market. So, if you’re thinking about selling your Knoxville home, take advantage of the great need for new homes to hit the market.

With interest rates expected to continue to rise in 2019, more and more buyers will be expected to hit the market to take advantage of the still low interest rates. You should expect that 2019 will continue to be a seller’s market with such a need for homes to hit the market.

Housing inventory is still historically low. As a seller, you may want to take advantage of these ideal circumstances for selling your home, especially since home inventory issues are expected to ease a bit. There hasn’t been a  ton of inventory for buyers in recent years, but that’s expected to change a bit in 2019. There should be more homes hitting the market and more new construction homes. Consider listing early in the year to take advantage of a lower inventory market.

Sell Now To Buy A New Home Before Interest Rates Rise

When most sellers think about selling their home, they plan on buying something else when their home has sold. You may be wanting to upgrade your home or you may be wanting to downsize your home. Regardless, when you sell your home, you can still take advantage of still historically low-interest rates.

In 2018, interest rates are expected to continue to rise. If you’re going to get a mortgage on a new home after you sell, you should take advantage of the still low-interest rates while they are still here, instead of waiting until spring or summer.

There is no saying how much interest rates will rise and when exactly they will rise.

You Should Be Able To Get What You Want

Finally, one of the largest reasons you should sell your Knoxville in 2019, is due to the fact that you should be able to get what you want. In a seller’s market, buyers are the ones vying for the great houses when they hit the market, as a seller you’re able to pick and choose what offers you want to work with.

When buyers are the ones fighting for your attention, you’re able to get what you’re looking for in an offer. You should be able to get the price you want with a simple clean offer that makes you happy. Take advantage of a seller’s market and sell your Knoxville home in 2019.

Are you thinking about selling your Knoxville home this year? Please let us know if there is any way that Knoxville Home Team can assist you. Rick can be reached at 865-696-9002 or via email at [email protected]. Kati can be reached at [email protected].