Thinking About Selling Your Home? Why Now is the Time

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Have you been thinking about selling your house but haven’t reached out to put it on the market yet? This study will help put the market in perspective for you! Pulsenomics released a current edition of the Home Price Expectation Survey in which they posed the question, “In your opinion, what is the primary driver of recent home value growth in the United States?” to a panel of 100+ economists, real estate experts and investment and market strategists. The answer may surprise you!

Sell Now 1

50% of the economists state that low inventory was the main reason of recent home value growth. The current lack of inventory has caused home appreciation to increase at a greater percentage than historical averages. Low mortgage rates and wage and job growth make up almost the other half of home value growth.

We especially encourage listing your home now as the market may change quickly for three reasons:

  • More homeowners will realize their homes are equity rich and will likely put their homes on the market.
  • With residential real estate outperforming a slow economy, more home builders will be looking to add new construction.
  • Many banks are now foreclosing on loans that have been delinquent since the housing bust of 2006. These houses will now flood the market.

In other words, now is time to sell! Put your home on the market and in the trusted hands of your Shorewest, REALTOR® to get the best deal. With their extensive local knowledge of the market and all of the tools Shorewest provides to back them up, your Shorewest, REALTOR® is thoroughly prepared to create a wonderful home-selling experience for you.

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Categories: Home Selling, Homeowner, How to

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