Selling Now Has its Advantages
Deciding whether it’s the right time to sell your home is a very individual choice. There are numerous important questions to consider, both financial and lifestyle-based, before putting your home on the market. If popular opinion is any guide, now may still be a good time to sell despite the evolving market.
As you weigh the considerations for your next move, our latest blog post delves into the pivotal decision of selling your home. Discover the individual and market-related factors that can influence your choice. Despite the evolving real estate landscape, popular opinion suggests that now could indeed be an opportune time to unlock the advantages of selling. Read on to gain insights into the financial and lifestyle considerations that could make your move both timely and strategic.
- Seizing Favorable Mortgage Rates
With 30-year fixed mortgage rates hitting their lowest levels since May, now is an advantageous time to consider a move. By acting promptly, you can capitalize on the downward trend in rates, making your move more financially feasible than it was just a few months ago.
According to industry expert Sam Khater, Chief Economist at Freddie Mac, “Given this stabilization in rates, potential homebuyers with affordability concerns have jumped off the fence back into the market.”
Outpacing Competitors in a Dynamic Market: The current real estate landscape presents a unique scenario where demand outstrips supply. While new listings are emerging, sellers are in a prime position to get ahead of the competition. Listing your property now ensures it stands out, potentially leading to a fast sale with multiple offers.
U.S. News highlights the advantage, stating, “When there is low housing inventory, sellers could get top dollar for their homes.”
- Capitalizing on Rising Home Prices
Industry experts forecast a continued increase in home prices throughout the year. Acting now enables you to sell your current property and potentially secure your next home before prices escalate further. This strategic move could translate into significant savings in the long run.
- Leveraging Home Equity for a Smooth Transition
Today’s homeowners enjoy substantial equity, with an average exceeding $300,000. If concerns about affordability have been a deterrent, tapping into your equity can significantly ease the transition to your next home. It might cover a substantial portion, if not all, of the down payment for your new property. Get your current home valuation and just see what it’s worth.
- We are still in a sellers’ market
You, the seller, have the upper hand under these circumstances. There is currently a market of home buyers that are able, willing, and ready to buy a home. Since there aren’t a lot of homes on the market, the ones that do come up for sale attract a lot of attention.
Why work with Lori Eastridge of NC High Country Real Estate powered by Realty One Group Select?
You can expect individualized attention, professional insight, and creative advertising campaigns when you work with Lori to sell your home. Whether you’re an experienced investor or this is your first time selling, Lori will help you get the most out of your money.
Lori Eastridge has been a successful real estate professional in the high country because she always prioritizes her clients. The fact that every client has unique needs prompts her to tailor her services accordingly. Lori is a great listener and will design a marketing plan to help you reach your objectives. She consistently goes above and beyond to ensure the real estate transaction goes off without a hitch. For Lori, her commitment to her clients doesn’t end with the closing of a sale. Lori will be there for you through the entire transaction process and offers support long after closing. Her meticulous and attentive approach has earned her a reputation as one of the most trusted and dedicated NC high country real estate professionals.
To begin a conversation, contact Lori today. You can trust that working with Lori will be an enjoyable and fruitful real estate adventure. Call 828.773.2080 or write to [email protected] to get in touch with her.
