Is This The Right Time To Sell Home In Houston

The housing shortage has been a topic of conversation for a while now, and it seems that more people understand that homes listed for more than 30 days will be harder to sell.

While this is good news for buyers, it’s a source of frustration for sellers. Redfin recently reported an uptick in homes sitting on the market longer than a month.

I hope this information helps you understand the current market and how you can best position your home to get top dollar. If you have any questions or need anything else, please don’t hesitate to let

As you may know, the Houston real estate market is increasing and found that listings for homes that were listed for 30 days or longer without going under contract increased by 10.2% year over year in July. That said, 60% of Houston listings remain on the market for over a month, which means there is a shortage of buyers in the market.

Buyers Have Backed Off

The economy has been in a state of recovery for the past few years, but there are still some challenges that this market faces. One of the benefits of buying a property nowadays is that it’s simply easier. If someone is interested in a home, they don’t have to worry about competing in bidding wars or offering over the asking price because the house will sell in due time. This is because most buyers have backed off after the painful buying conditions.

In this current market, buyers can take their time to carefully decide whether or not they are ready and willing to buy. The main reason behind the disappearance of buyers from the housing market is high mortgage interest rates and high-priced homes. Overall, inflation has also been rising, and it is still quite challenging for people to find a job, even though unemployment rates have decreased recently. These conditions make buying a ballpark for the remaining buyers.

Sellers Faced With More Challenges 

In the past, home sellers would have to wait until their house was on the market for a few weeks before getting an offer. With the advent of online listings, they can get offers in as little as two days. In some cases, because of the changes in the real estate scenario, sellers have to wait for much longer than expected to get an offer, let alone a decent one. Homeowners have had to lower their prices significantly and focus on basics like staging and marketing. A seller who would get eight offers recently is left to choose among two only.

Buyers taking time can be a nightmare for sellers. They might get fewer bidders, and selling their homes might take longer. Home sellers with an ordeal have to worry about the buyer taking a lot of time. They also have to worry about the fewer bidders in the auction, which means they might not get their asking price.

To ensure that their home inspection by a home inspector in Houston goes well and they don’t end up with a lowball offer, sellers should add pre-sale inspections to their listings. 

What Is A Pre-Sale Inspection?

Inspections are a popular way to help buyers avoid purchasing a property that may not be in good condition. These inspections, if done before selling a house, are called pre-sale inspections. A pre-sale inspection is a process of inspecting a property before the sale to ensure that it is in good condition and ready for the buyer. A professional inspector can do these inspections.

Reasons Why You Should Perform A Pre-Sale Inspection on Your Home

Some of the most important reasons to perform a pre-sale inspection on your home are to ensure that you are pricing it right and that the property is in good condition. A pre-listing inspection also helps you avoid any last-minute surprises and delays with your home’s sale. 

There are many benefits associated with a pre-sale inspection, including:

• You can get an idea of what you need to do before listing your property.
• You can provide the buyer with a price that is fair and reasonable.
• You can avoid any potential disputes with your seller.
• You can repair Small issues and avoid negotiations.
• You can sell your home faster.
• Gain seller confidence through a pre-listing inspection.

How To Price A House Before Listing It On The Market 

The house price before listing it on the market is a process that needs to be done before the house is sold. This process helps determine the value and estimate what the home will be worth after it has been listed. Multiple factors must be considered when calculating how much a house will sell. These include location, size, condition of the property, and other factors.

To determine how much a house will sell for, you need to consider your opinion and what your real estate agent tells you about comparable homes in your area. Another way to assess its value is by knowing its condition, which can be done through a pre-listing inspection through a credible home inspection in Houston, Tx.