Should I still consider selling my house in 2022?
If you are, I'm sure you have some reservations. With the current housing market, there is no denying real estate has undergone a shift.
Hi, I'm Stephanie Martenzi, SuperMomSuperAgent with Southland Properties. In the last couple of months, the housing market has seen a shift where the buyer demand has slowed down, and the inventory of homes on the market has increased.
But as a seller, should that deter you from putting your home on the market?
Well, not necessarily, the shift can actually give a seller more unique benefits and opportunities. One of the biggest concerns for sellers is, will I have a place to go to after I sell my own home? If you are selling your house to make a move, chances are you will have more properties to choose from that check all of the boxes for your move, and if your home is priced right, it will still be in demand.
Another opportunity sellers have is your home equity has substantially increased in the last few years making it possible to move up. According to Danielle Hale, chief economist@realtor.com, homeowners trying to decide if now is the time to list are still in a good position in many markets, as decades of rising home prices have given a substantial equity cushion.
That's right, If you have been worried and holding off on how rising prices can affect your next home search, keep in mind, increasing equity in your home can help to cover the next down payment on your new home. So if you're still thinking of selling this year, let's connect so I can go over the current market data to help you get the best possible price for your home. Reach out to me if you have any questions.
This is Stephanie Martenzi, SuperMomSuperAgent with Southland Properties; here to help you have a super fun, empowered, and informed real estate experience by guiding you every step of the way. If you see me out in the community, make sure to say hi.
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