Housing sales in the United States in 2008 has experienced an enormous drop in which from 5.02 million homes sold in 2007, it lowered to 4.12 million in 2008 as to how statistics show. But shortly thereafter, in the United States have steadily risen. In 2009 and 2018, 4.34 and 5.34 million properties were sold respectively. This goes to show that the market for housing in the country has immediately recovered from the significant drop in 2008.
For 2019 and 2020, it is estimated that 5.25 and 5.46 million homes will be sold. The steady upward movement of house sales to this day is a sign that construction is showing positive signs, consumers have become freer with their spending, and that the housing market is growing.
There are a lot of reasons why property owners sell their homes. Among those reasons are upgrading, downgrading, having issues with the place, or need for cash.
According to some experts, 2019 is a good year to sell houses. Although price growth in the second half of 2018 has slowed down brought about by the decrease in buyers entering the market, 2019 is still an opportune time to sell. The decline in buyers entering the market is believed to have been caused partially by the increase in interest rates issued by the Federal Reserve. But this should not be a concern for sellers as there are still new buyers entering the market and the rising interest rate is still relatively low.
The rising interest rates have pretty much–affected buyer activity. Potential buyers now have hesitation to make an offer or apply for a mortgage. But this is merely a minor problem for sellers for some are interested and willing to purchase houses. Should sellers find it difficult to sell their houses to home seekers, there is a way to get around such difficulty and that is to sell to a home buying company. You can visit – to learn more about it.
There are a lot of advantages to selling your houses to a home buying company. However, many people are not aware of such advantages. So here are some of the benefits of selling your house to a home buying company:
The primary reason that people turn to property buying companies when they sell their abodes is that they can dispose of their property quickly. Property buying companies can deal with you in less than 7 days. They circumvent usual procedures in putting houses up for sale. If you want to dispose of your house fast, then consider making a deal with home buying companies.
Payments are in Cash
Some property buying companies have cash offers. Payments in cash are more appealing for anyone that puts something up for sale. Once your deal is finalized, you’ll get your cash immediately. Cash offer is one of the main reasons that allure people to turn to property buying companies to dispose of their properties.
You can market your house as-is
Home buying companies won’t require you to renovate or repair your property. They will value your abode in its present state. They will give you an offer for your house as it is. This will spare you from the hassle and stress in renovation and repair. to know more about renovations.
Companies can purchase houses anywhere between 60% and 85% of the prevailing market rates. Bigger companies can offer above 80% of the market rate of the property. For people that want a done deal in no time, this is quite a great bargain. They will render accurate evaluations of your property that will give your money great value.
There are many benefits to selling your home to property buying companies; the aforementioned are just a few. But considering even just the benefits mentioned above, it already seems that it is more reasonable to turn to home buying companies to deal with your abodes than the usual through a real estate agent or by yourselves. With them, selling your house is fast, easy, and hassle-free. Furthermore, you will be assured that your property will be evaluated accurately and valued fairly. Dealing with such kind of companies helps you avoid the unnecessary stress that comes with putting your property in the market.