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Knowing when to sell your house in the US is very important. The markets may not be as hot as they were last year but this may be the perfect year to sell your house. House price growth slowed in the last months of 2018 as there were fewer homebuyers entering the real estate market. This may be partially due to the increase in interest rates that were issued by the Federal Reserve.

Consumers in this year should not expect buyers to flood the real estate market again. It is also unlikely to have a crisis for home sellers. If you haven’t made up your mind whether to sell your house this year, read this post to understand why you should consider selling your house this year.

New home buyers are still entering the market

Interest rates are still rising and some home buyers will hesitate to make offers. You should, therefore, be ready to see some occasional drops in the buyer activity. Even though the available housing inventory is low, with rising interest rates, home buyers are still ready to buy houses. So if you are still wondering when to sell your house in America, then this is the time.

You have high equity

The higher your home equity, the more you get from the sale. This can easily go toward your next house down payment. The larger your down payment, the better it is for you to look for lenders and the lower the interest rate. This means that it will be less likely for you to need to increase your monthly payments with mortgage insurance.

Knowing when to sell your house involves weighing options. Right now you only have two options. If you don’t sell your house this year, it means that you will have to sell it next year. This means that your house will be older and will need more repairs.