Thinking about selling your home but not sure where you’ll go: Your home is worth more today than it was six months ago, it is worth more than it was a year ago, and it is absolutely worth more than it was three years ago.
While the pace of appreciation will likely slow down, all predictions point to a continued increase in value. That means that if you sell your home now and use the equity to buy another or if you do a cash out re-finance and use that equity to buy an investment property, your new-to-you home will also increase in value.
It’s a good time to downsize. It’s a good time to make that move out of state. It’s a good time to purchase an investment property.
I recognize that there are many factors to consider, but it’s never too early to start the conversation. If you are in a position to sell your home – now or a year from now – or if you just want to understand the value of your home in today’s market, I’d love an opportunity to talk with you.