Like so many others, you’re tired of shelling out money for taxes, maintenance, insurance, and a mortgage for a home that is no longer best serving your needs. Maybe you’ve been waiting on your move due to uncertainty about changing market conditions or your own personal or professional landscape.
You, like many others feel it doesn’t make sense to continue living in a house that is no longer aligned with your lifestyle and current priorities. Your opportunities and needs have changed. Maybe you don’t have the rooms you need for peace, quiet, focus, exercise, or whatever it may be. You’re stressed by the interruptions from kids or dogs. Or maybe you have wasted space that you no longer use. Your commuting needs have changed, and you need or long for different surroundings. Maybe you are simply in need of something new. You have hopes and dreams about a new home but, you are not sure about the path for how to make it happen.
Your home is your ticket to ride!
As a homeowner, you may be surprised to find out how much equity you have available to you. At the end of 2021 homeowners with a mortgage across the United States gained an average of $57,000 in equity since the end of 2020, with some homeowners gaining $90,000 or more!
A jump in equity means you can cash out and go where you have been yearning to be!
But you’re thinking, “Why would I want to buy now when there is nothing available, and home prices are up?”.
While it is true that the inventory of homes for sale is at an all time low, what most people don’t realize is that this inventory is made up of mostly new listings! The average market time is short, so there is a fresh selection of homes on the market every day.
Appreciation is forecast to continue for years to come.
More good news: Appreciation is predicted to continue, offering continued equity growth in your new home. Experts forecast additional equity gains of 24 to 63 percent by 2026. So it makes sense to get into your new home ASAP and start enjoying your equity growth there while you embrace your new lifestyle.
You don’t want to sell when the 10-year Treasury and inflation are going up? History shows that home value appreciation has consistently stayed ahead of inflation since the 1970s.
Homeownership has been a hedge against inflation for decades.
But like most would-be home sellers right now, you’re worried about the craziness of the current market, the stress of preparing your home for sale, and the question of where to go once you sell and cash out. This is totally understandable, and everyone who has recently sold and achieved their goals had the same concerns.
This winter provides the perfect storm for you to sell!
Yet this winter market actually presents the perfect storm for you to sell. Not only is your equity at a high, but so is the buyer demand for your house. There are many serious buyers looking for a home right now. At the same, time you will benefit from the low interest rates seeming to have already peaked and buyers getting used to the ‘new normal‘. Add to this the perk of having almost zero competition for your house!
Your qualified agent is here to get you the best terms on your sale and the smoothest process.
That’s what your agent is here for, to find the right strategy for your priorities and wishlist and guide you through the path of least resistance. I have the tools for helping to get your house de-cluttered, spruced-up, repaired, and/or staged. Whatever is needed, I have the resources to manage what it takes to get it done. I can enable you to enjoy the best terms for your sale, the most seamless transaction possible, and the path to your dream-come-true!
If I Sell My Home, Where will I go?
My clients have done a variety of things. Take a look here for some scenarios that worked out great! I am prepared to discuss your plans and how to get you there. Call me today for a no-obligation consultation.
The real question is where do you want to go? Because you have your ticket to ride!
Fairfield and Westport CT Real Estate Guide 