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Are you considering selling your home? If so, you may be wondering about a few things. In this blog post, we will answer these questions and provide some additional information about the home selling process.
1. Should I wait to sell?
Even though there are more homes for sale today than there were this time last year, inventory is still low. This means that it’s still a sellers market. There are many benefits to selling at this time, including a competitive market that can help you get top dollar for your home. Additionally, low interest rates mean that buyers have more buying power and are able to afford more expensive homes. If you are ready to sell now, don’t wait – there is no reason to delay when the conditions are right.
2. Are buyers still out there?
Yes, buyers are still out there looking for homes. In fact, according to recent studies, many buyers who were unable to find a home last year are now ready to purchase. This is due in part to an improving economy and higher wages that have helped more people achieve their homeownership goals. Additionally, many first-time homebuyers are now entering the market, which means that there is a strong demand for homes at all price points.
3. Can I afford my next home?
While buying a home may seem like a daunting task, with the right preparation and planning, it can actually be quite manageable. Homeowners have gained significant equity over the last few years, and you can use that to help with your next purchase. Additionally, if you have been paying your mortgage consistently for several years, you may be able to get a lower interest rate and more favorable terms than someone who is just starting out. By doing your research and working with an experienced realtor and lender, you can quickly determine whether or not you can afford the next home on your wish list.
If you have any questions or need help selling your home, I can help you with the complete process. I specialize in Friendly Valley and have a list of buyers waiting for homes.
Keller Davis Realty Friendly Valley
19310 Avenue of The Oaks
Newhall, CA 91321