Over the last few years, many of you have thought about selling your home but it seemed as if prices were going to just keep going up!!
As we all know by now, that trend began to end early this spring and by the time we hit the 4th of July, it was clear that the seller’s party was over. High interest rates coupled with an onslaught of other economic uncertainty created an environment where would be buyers either got more selective and or they suddenly were no longer willing or able to buy. A bit of a stalemate began as buyers have been waiting for prices to fall and many sellers have been reluctant to reduce their prices to cause their property to sell.
If you are a homeowner or real estate investor who has contemplated selling, you may wondering, “Is it too late to take advantage of the tremendous run up in prices over the last few years?” The simple answer is “NO, it is not too late!” Understand that while we are likely passed the most current peak in real estate prices, there is still a lot of real estate being sold every day, week and month. As only a few things really matter in getting your property sold, we are candid with you about what it takes to maximize your current equity position. We are also candid that the real estate technology websites that provide automated valuation have never been more wrong. We have been and will continue to be your boots on the ground for your best source of local real estate information. Reach out to us at any time for an updated market analysis for your home or anything else real estate related. We promise to add clarity in these uncertain times.
