A Fast Sale Doesn’t Always Mean the Best Sale
In today’s St. Louis real estate market, homes are often selling quickly — sometimes within days of hitting the market.
At first glance, that sounds like a clear win for sellers. And in many ways, it is. Strong demand and limited inventory continue to create opportunities.
Most sellers breathe a sigh of relief after accepting an offer. In a perfect real estate world, that means the home’s status can be switched from active to pending, the buyer’s loan will go through with flying colors, the For Sale sign can be removed, and closing day will be within a month or so.
Whether you’re a new empty nester or you’ve recently retired, you’re likely contemplating the idea of a smaller home. Less square footage typically means less space to take care of, with fewer rooms and a smaller yard (or no yard at all). But is downsizing worth it if it means giving up favorite things about your current house, or having to leave a neighborhood you love?