Selling a Home in 2022 : What You Need to Know
Can you believe 2021 is already almost over?
If it seems like just yesterday you were making your New Year’s resolutions, you’re not alone. It’s been a hectic year globally, and it’s been a transitional year locally.
Time has flown … if you’ve been thinking about selling your house but haven’t gotten to it yet, you may be wondering if it’s still a good time.
If you’re considering selling a home in Arizona in 2022, there are a few things you should know.
In this post, we’ll take a look at some things to consider if you’re interested in selling in the new year. By taking the time to educate yourself on the market, you’ll put yourself in a better position to sell speedily and seamlessly!
What’s the Market Like Right Now in Arizona?
Across the nation, many areas have experienced a slowdown in home sales. But if you’re in Arizona, good news — the market’s still hot in the Grand Canyon State.
The housing market is dictated by supply and demand. The ratio in Arizona favors sellers right now.
There are a LOT of people who want to buy in Arizona.
There are relatively FEW houses available.
That means that every house that goes on the market has a potential audience. Prices are going up as a result.
The market is still pretty active in Arizona, and since the weather remains good year-round in many parts of the state, it’s unlikely to cool down in the early part of the year.
Here’s what you should know about the market in the near future…
Selling a Home in 2022
If you want to sell a home in Arizona in 2022, here are a few things you should know:
1. Metro Areas are HOT
Arizona’s real estate market is hot, but nowhere is that more evident than in major metro areas like Phoenix.
Culture, sports, outdoor activities, and an urban vibe are attracting more and more people. As more people continue to work remotely, they have the freedom to live where they want. Why not live in a great area? Urban areas in Arizona will likely remain HOT in 2022.
2. A Seller-Friendly Market
It’s probable that the market will remain friendly to sellers in 2022.
While new construction is happening all the time in Arizona, the new supply simply can’t meet the current demand. People want to move to Arizona, but people who are already here don’t want to leave.
That, plus the influx of investment buyers in the state, means it’s a VERY competitive market for buyers.
As a seller, this can be a good thing. Your house is likely to fetch top dollar and get an offer FAST.
3. Prices Will Go Up
It’s not just inflation — prices are going up in Arizona!
Once again, it’s about supply and demand. When there are fewer houses available, buyers are willing to pay more for one that fits their needs.
Prices are likely going to continue to rise in 2022. There’s still a lot of room for growth before this trend cools down.
Consider Selling Your Home For Cash
There’s never been a better time to sell a home in Arizona.
But do you really feel like dealing with showings, repairs, and negotiations?
Or would you rather sell your home FAST, in as-is condition?
At Cash For Homes Arizona, we’re in the business of making fair cash offers for homes in Arizona. Our tried-and-true process is quick and simple — it’s the easiest way to get your home sold fast and with minimal hassle.
Conclusion
The real estate market will likely continue its hot run in 2022. Are you interested in selling your home? Consider exploring a cash sale!
Are you considering selling a house in 2022?