If you’re thinking of upsizing, now’s the time to make your move. Here’s why.
Never in the history of real estate has the market been so ripe for upsizing.
Why is this? For one thing, homes in the price point below $1 million are appreciating year over year, so even if you’ve only been in your home for three to five years, there’s a good chance it’s worth more now than what you paid for it.
On top of that, homes priced over $1.5 million are depreciating year over year, so the gap between what your starter home is worth and what your dream home is worth is shrinking.
Furthermore, interest rates are still at historical lows, and they’ve just dipped under 4% again.
In short, now is the time to move out of your starter home and into your dream home.
If you’d like to get started with this process or you have any other questions about our market, don’t hesitate to reach out to us. We’d love to help you.
Join us for our next Home Selling Workshop this Thursday, March 7th – 7 PM. http://sueadler.com/events