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HOME OWNERS
DO YOU KNOW YOUR HOUSE IS WORTH?
A LOT !
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WHY SELL?
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Inventory is low: Supply and demand is always in control in a marketplace unless there is undue interference by government. Inventories of both new and existing homes for sale are historically low right now. Low supply usually creates upward pressure on prices.
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Mortgage rates are low: Whether you believe that mortgage rates are going up soon or not, many would-be buyers are concerned that they will lose buying power if they wait too long.
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Some markets scream sell: If you own in an established area with a history of stability and high demand, it makes a difference.
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Don’t forget holding costs: Every day you keep your home you have costs to stay there. Waiting a year to get a 1 percent or 2 percent bump in selling price can be a mistake if your costs exceed that amount.