3 Reasons It’s a Superb Time To Sell
Here are three reasons it’s an amazing time to sell in Las Vegas.
If one of your 2022 new year’s resolutions is to look into selling your home, this may be the ideal time to start. It’s currently a fantastic time to be a seller in the Las Vegas real estate market if guaranteed success and getting top dollar are important to you. Here are three reasons why that is.
"Now’s the perfect time to look into selling your home."
1. Supply is still very tight. Over the last couple of years, the already low housing supply combined with the pandemic-induced supply chain disruption has caused home supply to shrink even further. That’s great news for sellers because tight home supply tends to mean higher prices.
2. Prices are growing. We had more than 20% appreciation in 2021, and it looks like it’ll slow down a little in 2022, but prices will still increase this year. Major research organizations and think tanks all over the U.S. have been studying everything, and they believe 2022 is going to be another positive year with single-digit appreciation.
3. Interest rates are still low. While rates are beginning to creep up, and we expect them to rise a bit more this year, they’re still below pre-pandemic levels. We’re still in the low- to mid-threes, which is great for sellers because buyers can pay more for homes.
If you decide to list your home this year, you’ll benefit from these three things. If you’re ready to get the ball rolling, give us a call. We’re ready to help you start off 2022 with grand success.