Is This Spring The Right Time for a Move?
Posted by Larry Tollen on
Prices are rising, homes continue to appreciate, sellers are getting above asking price, homes are closing in record time, How many of these phrases have you heard or seen on social media regarding the 2022 housing market? We are a bit of a broken record the past two years, but it remains a sellers market, and if you haven’t sold your home, but have been thinking about it, or planning, we want to discuss whether this spring is the right time for a move.
Let's start by considering inventory. According to NAR, in February, the average home sold got 4.8 offers. We are seeing multiple offer situations in The Triangle and well-priced homes are selling very very quickly. Buyers are making considerations like waiving contingencies, putting in offers over…
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