Why Some Say Now’s the Time to Sell Your Costa Mesa House
.jpg)
Given all the publicity given to supply chain disruptions, energy prices going bonkers, interest rates heading either slightly or not-so-slightly uphill, etc.—with all this going on—why are we also hearing that now is such a good time to sell? Especially if there is no pressing reason to compel a move, why would you choose now as a prime time to sell your Costa Mesa house? Wouldn’t it be more logical to hold off until things settle down?
The answer is based on one of the most rational of economic truisms—namely, that when there are more buyers than sellers, you’d rather be a seller. Assuming that waves of supply and demand inevitably ebb and flow, the next change would be a market with more sellers than buyers. In a buyer’s market, sellers compete to offer the best deals in price and terms—when it’s beneficial to be a buyer.
These simple notions might seem to be easier to act upon when the “goods” you are dealing with are things, rather than the place where you live. If you’re a potato farmer, you already know you’ll get a better price if the crop is small—but you have to sell it, no matter what. Not so with residential real estate (unless you’re a builder). You don’t have to sell your Costa Mesa house because it will spoil. So, why sell now?
The answer lies in degree. It isn’t just that there are more buyers than sellers—it’s that there are a record number of buyers chasing a record low proportion of sellers. Money magazine exemplified the phenomenon in its summary, “11 Major Real Estate Records Broken in 2021.” Among the shattered marks: “Price of homes reached new highs” and “The lowest housing inventory since NAR started keeping track….”
If the old truism were ever a valid signal, now is the time. You can’t say that there will never be a better time to sell—“never” is a long time. But the logic is clear: if you’re ever going to sell your Costa Mesa house, this is a market that’s worth checking out. In other words: why not give us a call?
We are built on a philosophy of Heritage & Hustle. The L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission is to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. The L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, The L3 has grown to a full staff of 25 serving over 300 clients a year. The L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has The L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to The L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact The L3 today at 714-444-4663 or email us at info@thel3.com
The L3, L3 Real Estate, Costa Mesa Real Estate, Huntington Beach Real Estate, The Best Real Estate Company in Costa Mesa, The Best Real Estate Company in Huntington Beach, What is the best real estate company in Costa Mesa, What is the best real estate company in Huntington beach, Costa Mesa, Huntington Beach
