“The good news is, it’s okay to admit if your house no longer fits your needs.”
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.
The good news is, it’s okay to admit if your house no longer fits your needs.
According to the latest Home Price Insights from CoreLogic, prices have appreciated 3.5% year-over-year. At the same time, the National Association of Realtors (NAR) reports inventory has dropped 4.3% 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 are 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.
Bottom Line
If you think you’ve outgrown your home, let’s get together 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.
VA Home Loans by the Numbers
Veterans Administration Home Loan is a benefit that is available to more than 22 million veterans and 2 million active duty service members.
Forget the Price of the Home. The Cost is What Matters.
The reacceleration of home values may raise concerns about affordability. Discover how market factors impact purchasing power.
Millennials: Here’s Why the Process is Well Worth It
Millennials…a generation of those who favor fast-paced, real-time answers – and results.
Planning on Buying a Home? Be Sure You Know Your Options.
If you’re thinking of buying a home, you may want to consider a new build to meet your family’s needs.
The #1 Reason to List Your House in the Winter
Debating whether or not to sell your house and are curious about market conditions in your area? Let’s figure it out together!
The Difference an Hour Will Make This Fall
Take a look to see what is happening every hour in the housing market!