“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.
What is the Cost of Waiting Until Next Year to Buy?
The ‘cost of waiting to buy’ is defined as the funds necessary to buy a home if prices and interest rates increase over a period of time.
Open House! $499,000
Sunday, June 9, 2019
12PM – 2PM
67 Belleview Avenue, Center Moriches, NY
What is Important to Boomers when Selling their House?
National Association of Realtors’ 2019 Home Buyer and Seller Generational Report revealed interesting tidbits about baby boomers!
The Feeling You Get From Owning Your Home
Owning a home brings a sense of accomplishment that renting can’t. Let’s talk about steps toward home ownership.
How Homeownership Delivers Unsurpassed Family Wealth
Homeownership builds wealth. This allows families to have better options when it comes to their children and their life in retirement.
Just Sold! 417 Lindsay Lane, Moriches, NY 11955
Check out the latest sale from BrookHampton Realty!
Let us help you with your next move!