Contrary to what you may be thinking, this fall is a great time to put your home on the market.
There’s less competition this time of year so buyers are often more aggressive in pursuing the home of their dreams. (Hopefully yours!)
Current inventory on Cape also remains below the six months supply that is generally considered the standard in a “normal” market.
Another reason to consider selling your home now is because its worth has possibly never been higher, as values have risen dramatically over the last 12 months.
CoreLogic’s most recent Home Value Index Report has revealed that national home prices have increased 6.2% year over year.
The chart below shows the four price ranges from the report, as well as each one’s year over year growth from July 2017 to July 2018.
Lower priced home have appreciated at greater rates than those at the upper end due to increased demand from first time home buyers and baby boomers looking to downsize.
Price points and values vary from market to market, so it’s important to sit with a local realtor to receive the exact information on what’s happening in your neighborhood and on your street.
Everyone’s situation is unique. We’d be happy to meet with you to discuss the options that make the best sense for you. You can contact us via the comment section or by calling us at 508-568-8191.
Mari has also just returned from an intense, three day training in Baltimore with our industry’s leading coach, Tom Ferry. She has a lot of new ideas to help sell your current home or buy a new one.
We’re looking forward to putting those ideas to work for our clients!
Mari and Hank