Why 2019 is THE Year to Sell Your Raleigh Home

A couple touring a home for sale with a real estate agent.

If you stay up to date on real estate trends, you’ve probably noticed that interest rates and home prices are rising. Many homeowners are taking this as a sign that it’s a bad time to sell their homes because buyers won’t be as interested.

However, that couldn’t be further from the truth! Buyers are still highly motivated—especially in the greater Raleigh area.

Buyers are Out in Full Force

Elderly couple talking with a real estate agent.

According to NerdWallet’s 2018 Home Buyer Report, around 32% of Americans are planning to buy a home in the next five years. Millennials in particular are most likely at 49%.

Homebuyers have their own personal reasons for buying real estate. Of those Americans surveyed by NerdWallet, 44% want to buy a home because they think it’s a good investment.

They’re not wrong! We’ve written about it many times before, but buying a home is the most efficient way to build your wealth. When you own a home and pay off your mortgage every month, you’re really paying yourself. You’re building up your equity for the long term, and you can expect your hard work to pay off!

That’s Why Now is the Time to Sell

Home with a red "SOLD" sign out front.

Let’s review. Not only are buyers highly motivated, more and more sellers have decided that now is not the time to sell. What does that mean for you?

There’s less competition AND more buyers out! You don’t have to wait on the market if you want to sell now.

Sell Your Raleigh Home for Top Dollar this Spring

Ready to make a tremendous return on your real estate investment? Then it’s time to list your Raleigh home with Linda Craft & Team REALTORS®.

We offer a wide array of home-selling services, resources, and tools to better assist you in selling your Raleigh area home. With more than 30 years of unparalleled experience in the Raleigh and Greater Triangle real estate market, we know exactly what it takes to sell your unique home for top dollar. Contact us today to learn more.

Why You Should Keep Your Raleigh Home for Sale During the Holidays

christmas wreath on front doorAs the holiday season approaches, many Raleigh home sellers begin to take their houses off the market.

They believe no one will be interested in purchasing during December because people are more interested in their holiday festivities.

This could not be further from the truth! The best time to close on a home is actually during the holiday season.

The Holidays Attract Serious Buyers

While it is true you may have fewer showings during the holidays, the ones you do have will be filled with serious potential buyers.

If a house closes before the end of the year, consumers are eligible for tax benefits and incentives that apply for the entire coming year. Interest rates are also lower during this time.

Those most interested in purchasing during the holiday season are:

  • Corporate buyers who are looking to relocate new employees while their business is closed.
  • Families who are moving and wish to enroll their sons or daughters in a new school district before the beginning of a new semester.
  • Individuals who are looking to own their own home for family gatherings and holiday festivities.

many houses in a neighborhoodThere Is Less Competition

Because most Raleigh home sellers begin to take their homes off the market during the holiday season, there is less competition to connect with a buyer looking to close on your home.

When the New Year starts, the surplus of home options available return and you have missed out on your window of opportunity.

The Triangle Multiple Listing Service (TMLS) has solid numbers to support keeping your home up during the holidays:

  • Homes available for sale increase 20-30% in January and February versus November and December.
  • 4,679 properties closed in November and December versus 3,582 properties in January and February.

Let Us Help You Sell Your Raleigh Home During the Holidays

Do not be fooled by false assumptions about the housing market, because you could potentially miss the best opportunity for your home to sell. Instead, let experienced real estate professionals advise you during your holiday home sale.

At Linda Craft & Team, REALTORS®, we have over 30 years of experience in the Greater Raleigh housing market and are the #1 real estate team in the Triangle. Let our experienced and well-versed staff help you get the close you need to move onto the next step in your life.

Connect with us today at (919) 235-0007 and let’s sell your Raleigh home for top dollar during the holidays.

Don’t Wait to Sell Your Wake County Home!

If you are thinking about selling your Raleigh area home, now is the best time to do it.

Increasing bar and line graph for increasing home buyer demandThe available homes for sale in Wake County are well below historic norms, and buyer demand for homes is skyrocketing. As a potential Raleigh, Durham, and Chapel Hill area home seller, you are in the driver’s seat right now. In this type of market, you as the home seller may hold a major negotiating advantage when it comes to home price, home inspection, appraisal, financing contingencies and other aspects of the real estate transaction.

The best time to sell a home is when the supply is low and the demand is high, as it is now. We have not seen this type of sellers market in the Wake County area since 2006. Turn on the news and you will hear everyone talking about a housing shortage.

How Long Will the Triangle Real Estate Market Favor Home Sellers?

Two years, perhaps less.

Construction on new homes is kicking into high gear. Once these new homes are built and ready for buyers, the resale market of previously owned homes will take a back seat and the opportunity will stall. Days on the market will increase for sellers, and home prices will flatten out.

We expect to feel the effects about a year from now.

Take Advantage of the Home Sellers’ Market Now

Consider whether your Raleigh, Cary, or Durham housing needs will change in the next 12 to 24 months. Are children moving out to attend college? Are you retiring or relocating to a new area? Are you just ready for a new home?

If you’ve answered “yes” to any of these questions, consider selling your home now rather than waiting a year or more. Don’t let this prime opportunity in the Triangle real estate market pass you by!

Sell Your Home with Linda Craft & Team

Our real estate team monitors the market changes carefully in order to advise our clients correctly. If you are thinking about selling your Raleigh area home, contact Linda Craft & Team. We’ll be happy to give you a free consultation and market analysis. If you’re relocating, we can give you a Realtor referral to connect you with an expert in your destination area who can help you find your new home.

Until next time,

Linda