“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.
Have You Ever Seen a Housing Market Like This?
2020 will certainly be one to remember, with new realities and norms that changed the way we live and real estate is no exception.
The 2020 Homebuyer Wish List
The word “home” is taking on a whole new meaning this year, and buyers are starting to look for new features as they re-think their needs and what’s truly possible.
Homebuyer Demand Is Far Above Last Year’s Pace
If your current home doesn’t meet your family’s needs, let’s connect to help you sell your house and make the move you’ve been waiting for.
How Will the Presidential Election Impact Real Estate?
The year 2020 will be remembered as one of the most challenging times of our lives.
It’s Not Just About the Price of the Home
Today’s low rates are off-setting rising home prices because it’s less expensive to borrow money. Now may be the perfect time to purchase your dream home.
Three Ways to Win in a Bidding War
The housing market is very strong right now, and buyers are scooping up available homes faster than they’re coming to market.
#brookhamptonrealty