Yes. The current economy actually favors sellers. Mortgage rates have been creeping up over the past few years, and while many real estate experts predict that home prices may stabilise in 2024, they are unlikely to go back to pre-pandemic levels. There is currently a high demand in the housing market and low inventory to fulfil those demands, keeping home prices and mortgage rates high.
If you are in a position where you need to sell a home because of relocation, downsizing/upsizing, or financial difficulties, now may be a good time to sell. The inflated prices could help you fetch a decent amount for your home, no matter its condition. Visit Travis Buys Homes if you want to sell or find out how much your home is worth right now. We are a home buyer in Charlotte, NC and we specialise in helping people in difficult situations.