The market works in your favor
No one can predict how the housing market will perform with 100% accuracy, but you can get a good idea of what you might experience when selling your home. We took a look at the national real estate market earlier, but the real estate trends in your local area could be a little different than the rest of the country. A good real estate agent will be able to help you understand all of that, especially if you ask the right questions. For example, you can ask a real estate agent if the number of homes for sale in your area has been going up or down in the past month or so. If supply is decreasing, competition among buyers might be higher when your home goes on the market—that means you can probably sell your house for more money and have plenty of offers to choose from. On the flip side, if housing supply is increasing, you could be the one competing for buyers’ attention.
But remember: The market is only part of the equation when deciding whether to sell, and it’s not the most important part.
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