Thinking of selling your home in the near future? If so, you may want to consider listing your home sooner rather than later. With a hot real estate market and an onslaught of new residents moving into the area, conditions are conducive to selling your home easily and quickly. Here are the top 3 reasons why now is the time to sell your home in the Quinte region:
Belleville is a growing city
According to U-Haul International Inc., Belleville has landed the second place seed on their list of the fastest growing cities in Canada. While this is not necessarily indicative of economic growth, it does mean that Belleville is successfully attracting new residents to the area. So if you are thinking of selling your home, this may be the time to do it. As new residents move into Belleville, they will be looking for places to live, making it more likely that your home will sell. I would suggest listing your home soon to take advantage of this positive migration to the Quinte area.
Hot real estate market
As most of you probably already know, the real estate market in Canada has experienced lots of activity over the past few years, with unprecedented sales in many areas of the province. While right now it is still considered a seller’s market, with new measures recently undertaken by the Ontario Government, this may change in the near future. It has also been predicted by some financial analysts and realtor experts that a cooling is near at hand for the Canadian housing market. Therefore, if you are thinking of selling your home in the near future you may want to consider listing your home sooner rather than later, to avoid listing your home in a buyer’s market.
Real estate season is here
Spring and early summer are considered to be one of the hottest times in the world of real estate. Now that the nice weather is finally here people are more willing to get out of their homes for viewings and open houses. Also, potential buyers often prefer to move in the summer months, especially if they have children, so that they can be settled by the time school starts again in the fall. For more information on why this time of year is the best time to sell read my blog post ‘Why spring is the best time to sell your home’. Once people start leaving for summer vacation, the market has a tendency to slow down until the fall.
If you would like more information about the real estate market in the Quinte region, or are thinking of selling your home in Belleville, Prince Edward County or Trenton, please do not hesitate to contact me!