How does listing in the fall work?

Here are the top five reasons why listing your Phoenix condo for sale this fall makes sense.

1. Demand Is Strong
The latest Buyer Traffic Report from the National Association of Realtors (NAR) and the Phoenix Board or Realtors shows that Phoenix condo buyer demand remains very strong in Phoenix and throughout the vast majority of the Maricopa County. We are seeing buyers are ready, willing and able to purchase and are actively looking in the market at this moment. In fact, more often than not we are seeing, multiple buyers end up competing with each other to buy the same Phoenix condo.

Take advantage of those buyer's activity currently in the market.

2. There Is Less Competition Now
Housing inventory is still under the 6-month supply needed for a standard housing market. This means that, in the majority of the country and especially in Phoenix, there are not enough homes for sale to satisfy the number of buyers looking to make a move in the market. This is good news for homeowners who have gained equity over the last few years as their home values have increased. However, additional inventory could be coming to the market soon!

Historically, a homeowner has stayed in his or her home for an average of six years, but that number has hovered between nine and ten years due to the downturn since the market pullback in 2009 - 2011. Many homeowners have a pent-up desire to move as they saw difficulties to sell over the previous years because of a negative equity situation. As home values continue to climb and appreciate, more and more homeowners will be given the freedom and desire to move.

The choices buyers have will continue to increase. Don't wait too long for the other inventory comes to market before you decide to sell.

3. The Process Will Be Quicker
Today's competitive Phoenix condo environment has forced buyers to do all that they can to stand out from the crowd, including getting pre-approved for their mortgage financing. This makes the entire selling process much faster and much easier as buyers know exactly what they are able to afford before looking at homes and shopping. Recent reports say it will take around 46 days for a loan to close from origination
4. There Will Never Be a Better Time to Move Up
If your next move will be into a premium or luxury condo, their is no time better then now to move up! The abundance of inventory available in these higher price ranges has created a market for anybody looking gets some properties at this time has gives you inventory to choose from. This means that if you are planning on selling a starter or trade-up home, your home will sell quickly AND you'll be able to find a premium home to call your own!

Recent studies show prices are projected to appreciate around 3.5% over the next year. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you put moving off.

5. Its Time to Move on With Your Life
Look at the reason you decided to sell in the first place and determine whether it is worth waiting any more time. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you feel you should and do as you wish?

Only you know the answers to these questions above. You have the power to take control of the situation by putting your home up for sale. Perhaps the time has come for you and your family to move on and start living the life you desire. I can't answer these questions but it is worth thinking.







The Moser Group

The Moser Group

Ph. 623-451-6698
3039 W. Peoria Ave ste 102
Phoenix AZ 85260
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  • 533 Guadalupe Road #2038
    $160,000
  • Bedrooms2
  • Baths1.75
  • Stories2
  • Square Footage828
  • Average Price SqFt$185,000
  • Days on Market38
  • CityMesa
  • Year Built1985

Woodglen Square Listings

Inventory

1
For sale
0
For rent

Woodglen Square Statistics

  • $160,000 - $160,000Price Range
  • $185,000avg price / Sq.Ft.
  • 125 avg days on market
  • of building is for sale 1.7 %
  • of building is for rent 0.4 %
  • of building sold in previous 12 months 3.9 %
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