Is now the time to sell my house or should I wait? That is probably the question most people who want to sell are asking themselves these days. It all comes down to do you need to sell right now or just do want to make a change? Sometimes because of a job relocation it is not a decision you have any choice to make. But if you want to sell because you have outgrown your present house due to family size or maybe you want to downsize because the kids have moved out, what do you do? With the dramatic drop in home values do you wait for the market to recover to the norm or do you sell now? Let's take a look at where the market is and where it may be going. If your house has dropped around 20% in value over the last 3 years and the market rebounds to what is considered normal which is an average of 2-3% appreciation a year it could take over 10 years for the market to make up the difference in what you lost. Most people don't and can't wait that long. What you do have going for you is that you can possibly save thousands of dollars on the house you will buy and at a very low interest rate if you need to finance it. So is it a good time to sell...you bet.
What is most important if you decide to sell you house keep in mind that all Realtors are not alike. As far a what company do you hire, that really has no bearing on your decision, remember the company does not sell your house the agent does. So be sure you choose an experienced agent who has an excellent marketing plan, has excellent negotiating skills and has the experience to help you all the way until you get a successful sale. Please feel free to check me out at my web page or call me for a interview. You'll be glad you did.
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