“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.
Just Sold! 14 Cedar Street, Center Moriches, NY 11934
Check out the latest sale from BrookHampton Realty!
Let us help you with your next move!
5 Reasons to Sell This Fall
Perhaps the time has come for you and your family to move on and start living the life you desire. NOW may be exactly that time! Let’s get together and talk about it!
A Recession Does Not Equal a Housing Crisis
Experts predict a potential recession on the horizon. But, housing will not be the trigger; home values will still continue to appreciate.
Top Priorities When Moving With Kids
If you’re a seller with children and looking to relocate, let’s get together to navigate the process in the most reasonable time frame for you and your family.
What’s the Latest on Interest Rates?
As a potential buyer, the best thing you can do is work with a trusted advisor who can help you keep a close eye on how the market is changing.
Experts Predict a Strong Housing Market for the Rest of 2019
The housing market will be strong for the rest of 2019. Let’s get together to discuss what’s happening in our area.