There’s no doubt homeowners on Maryland and Delaware’s Eastern Shore have noticed housing prices and mortgage rates rising over the past few months. And if these changes have you wondering if now is the right time to sell, the answer is yes! Home sellers are feeling more confident than ever in their ability to sell their Ocean City condos and this spring is just the time to make it happen. Below are three prominent reasons to sell your Ocean City condos or vacation homes this spring, before the busy summer season takes off:
Low Inventory
Right now, there is not as much inventory as there has been in the past. But with home seller confidence growing, that is about to change! Listing your Maryland and Delaware homes now is a great decision to beat the influx of inventory that is sure to hit the market soon. While there are fewer properties for sale, your home can really shine and attract one of the motivated homebuyers who’s ready to snag your vacation home or condo. Act now and beat the competition!
Demand is High
As we move into summer, Ocean City real estate will pick up. Not only is the area a hot spot for the summer months of vacationing, but conditions are right for moving to a new home. Selling your Ocean city home could not come at a better time as homebuyers are now beginning to scope out new places to call their own. Take advantage of this special time and list your property— you’re now in demand!
Trade Up
The past year in the real estate market has allowed current homeowners to regain positive equity in their homes— which means they’re now able and ready to sell! If you’re one of these homeowners on Maryland and Delaware’s Eastern Shore, now is your chance to move up.
We’re ready to help you find your next home in Ocean City and enjoy the summer on the boardwalk. Contact McNamara & Associates today to see which condos are available that might fit what you’re looking for!
Monica McNamara
Coldwell Banker Residential Brokerage
(410) 723-5344
Monicac@Ocean-CitySales.com
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