In today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there are making that item available for sale, that drives prices up. And that’s exactly the case in today’s housing market. So, knowing what’s happening with the inventory of homes for sale and the demand for housing is crucial for today’s buyers and sellers.
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It’s tough to compete in a market with so many buyers as it is, but when you’re up against other buyers who have cash, it’s even tougher. And if you have a house to sell before you can buy, or need the cash from the sale of the home to obtain the cash you need, it can seem near impossible to compete against them.
So the prospect of putting yourself in the position to be one of those cash buyers can sound super appealing…
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It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help or hinder a sale depending on how we manage them.
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