People generally believe that the winter months are not the best time to list their home for sale; however, a recent report in Showingtime, a real estate industry magazine, reveals how this year is different all over the country: Buyer activity is way up compared to the same time last year.
The West, specifically, saw the greatest growth in activity with a 23.1% increase – believed to be the best in the history of record keeping.
In the past, most people thought April was the beginning of the surge in buyer activity – not anymore! There is a lot of speculation about why the search for a home is shifting to an earlier start.
The one thing we do know is if you’re thinking about buying or selling a home this year, the earlier you get started, the better. With the reality of fewer homes on the market in the winter, waiting for more competition in the spring might be a mistake. It makes sense to sell when there is a greater demand and less inventory, and according to the experts, that time is now!
No need to fear beginning to search for your new dream home before selling your present house. If you should be fortunate enough to find the home of your dreams, but don’t yet have the funds from the sale of your old home, Sun Pacific Mortgage can help you with their bridge loan program, even if you have less than stellar credit.
We have been able to span the gap between old and new for our clients over the past 32 years of alternative financing.
If you would like more information regarding our real estate financing programs, give us a call at 707-523-2099 and we would be happy to help you determine your eligibility.