According to Realty Biz News, you may be asking if now is a good time to sell? Prices have gone up in a very short time. Today, the Case-Shiller indices revealed that home prices in America’s 20 largest cities have exploded at 19.08% YoY in June, up from 17.14% in May, beating expectations of 18.6%, and the highest pace on record, even surpassing the housing bubble days of 2005-2006. What are some of the reasons that prompt you to ask: Is now a good time to sell?
If your family is growing, then your current home may not be the best fit anymore. You likely need more space and bedrooms as people get older and bigger. Your children will also have different needs as they get older, and moving to a neighborhood better suited to those needs would be in your best interest. The one downside could be that you may have to pay more to live in a bigger home or another neighborhood. However, it will benefit you in the long run as everyone has room to feel comfortable.
On the other hand, you may be in the exact opposite situation and need to downsize. Likely if your children have moved out or you find you can’t afford to live in as big of a house as you currently are. Downsizing, if possible, is a great way to save yourself money.
If you know what you want to do with your life or are at the very least ready to change things up, selling your home is probably going to be a necessity. Trying to live in a place where you no longer feel like you need to be will be much harder than it’s worth. On the other hand, this may also be a good option if you need some extra money.
Many people renovate their homes because they want to increase the value of the property. The right renovations can help, but you should probably be sure they are the right renovations. If the upgrades do not increase your home much, it may be best to sell it instead.
I hear from people all the time they can’t afford property taxes anymore. Some say property comes to $10,000 a year. Cars insurance is through the roof. Do you have any idea how outrageous Healthcare is? A simple dinner out can easily be $200 per couple. I hear from expats that it is two-thirds as cheap to live in other countries as in the U.S. It is too expensive to live here anymore
Deciding when the time is right to sell your home can be difficult. However, if it is time for you to upgrade or downsize, it is a good idea to sell your home. You may also want to sell your home if you have a plan for what you need to do next, and it doesn’t include the area in which you live. Furthermore, you may want to sell your home if the renovations are not working out.
As investors, we are in business to make a modest profit on any deal. There are no fees, upfront costs, commissions, or anything else. We offer the simple truth about your home and how we can help you sell it fast for cash.
Give us a ring. We would love to help you understand the process and to answer all of your questions. You can reach us at 402 999.0577.