“Many needs have changed in 2020, and it’s okay to admit if your house no longer fits your lifestyle.”
It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home.
Many needs have changed in 2020, and it’s okay to admit if your house no longer fits your lifestyle. If you’re now working remotely, facilitating virtual school, trying to exercise at home, or simply just spending more time in your own four walls, you may be bursting at the seams in your current house.
According to the latest Home Price Insights from CoreLogic, prices have appreciated 7.3% year-over-year. At the same time, the National Association of Realtors (NAR) reports that inventory has dropped 22% from one year ago.These two statistics are directly related to one another. As inventory has decreased and demand has increased, prices have been driven up.
This is great news if you own a home and you’re thinking about selling. The equity in your house has likely risen as prices have increased. Even better is the fact that there’s a large pool of buyers out there searching for the American dream, and your home may be high on their wish list.
If you think you’ve outgrown your current home, let’s connect to discuss local market conditions and determine if now is the best time for you to sell.
To view original article, visit Keeping Current Matters.
A real estate professional can help you navigate the selling process while prioritizing these must-do’s. Give us a call today.
Cheers to 2021! We wish you a Happy New Year
full of health and happiness!
#brookhamptonrealty #happynewyear2021 #realestate
While the economy improves and interest rates remain low, homes are expected to continue appreciating in the coming year.
May your holiday season be filled with health,
happiness and laughter through the New Year!
Today’s low mortgage rates are a huge perk for buyers, so it’s a great time to get more for your money and consider a new home.
Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close.