It’s Summertime and hopefully the good weather is here to stay. If you are debating moving to your dream house, check out our 4 great reasons to consider listing your property now and switching to your dream home. Now is the time to make a move!
1. Demand from buyers is high and inventory is low
Recent numbers show that buyer demand is at the highest peak experienced in years and inventory for sale is at an all time low since records began in 2006. Listing your home today can significantly increase exposure to buyers who are out in force and ready to act. Although the central bank guidelines are making it tough for first time buyers, there are plenty of mortgage approved buyers waiting for the opportunity to snap up a property!
2. Prices Are Continuing to Rise
The bottom in home prices has come and gone. Home values will continue to appreciate for the foreseeable future. Waiting for your current home’s value to increase before selling could price you out of your new home if you aren’t careful.
3. Mortgage Interest Rates Are at Historic Lows
Interest rates are historically low and the government may force the banks into reducing their variable rates further. AIB have started the latest trend of reducing interest rates. There is fierce competition in the financial sector, which means there has never been a better time to apply for a mortgage.
4. It’s Time to Move On with Your Life
Look at the actual reason you are buying and decide whether it is worth waiting for. Have you always wanted to live in a certain neighbourhood? Would you like to be closer to family? Would you like to move to the country or live beside the sea?
If the right thing for you and your family is to move to the home of your dreams this year, buying sooner than later could lead to substantial savings also. So pick up the phone today and make your dreams come through!