This Spring Presents Sellers with a Golden Opportunity
If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case, you should know – you may be able to get the best of both worlds today.
1. The Number of Homes on the Market Is Still Low
There are far more buyers in the market today than there are homes available. Listing your house now makes it the center of attention.
2. Your Equity Is Growing in Record Amounts
Homeowners are sitting on record amounts of equity thanks to recent home price appreciation. That much equity can open doors for you to make a move. It may be just what you need to cover a large portion – if not all – of the down payment on your next home.
3. Mortgage Rates Are Increasing
While recent global uncertainty caused rates to dip slightly in the near-term, experts project rates will rise in the months ahead. When that happens, it’ll cost you more to purchase your next home. That’s why it’s important to act now if you’re ready to sell.
4. Home Prices Are Climbing Too
You have an opportunity to get ahead of the curve by leveraging your growing equity and purchasing your next home before prices climb higher. And, once you make your purchase, you can find peace of mind in knowing ongoing home price appreciation is growing the value of your new investment.
If you want to win when you sell and when you buy, this spring could be your golden opportunity. DM me so you have the insights you need to take advantage of today’s incredible sellers’ market.
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