I Should Definitely Sell My House Right Now To Take Advantage Of This Market


I Should Definitely Sell My House Right Now To Take Advantage Of This Market
By Scott Rogers • July 23, 2021
Yes. For sure. You should definitely sell your house right now to take advantage of this market. ... ... But... Where will you go? Where will you live? I have had this conversation (maybe I should sell my house!) with quite a few folks over the past few months. They are seeing homes sell in their neighborhood at prices that seem unrealistically high. It causes many neighboring property owners to say -- wow, maybe I should sell!!? And, indeed, it can be a great time to sell your home right now... ...if you have a plan for where you will go next and what you will do next! If you thought your home was worth $300K a year ago and now it seems like it could sell for $350K, that's exciting! It might make you want to just go ahead and sell and capture all of that equity that you now apparently have in your home. But... are you going to upgrade to that $400K house you were dreaming about a year ago? That house is likely now selling for $450K or higher. So, as exciting as it may be to think about selling your house to take advantage of the current market, we need to thoroughly examine what you will do (where you will live) after you sell to make sure that you are comfortable with the overall game plan. Receive Updates by Email Recent Articles: It Is OK To Improve Your Home Beyond The Value Range Of Your Neighborhood, But Realize That You Are Doing So, And The Potential Consequences 35% Of Townhome, Duplex and Condo Sales Are New Homes! While You Might Not Recoup The Cost Of Remodeling Your Current Home, Maybe You Should Do It Anyway! Basically, All Remodeling Projects Will Cost More Than They Will Add To Your Home Value The Speed Of Home Sales (Days On Market) Is Likely The Best Indication Of The Mood Of The Market If Your House Is Going To Sell, There Is A Very Good Chance It Will Be Under Contract Within A Month Be Amazed By Your Home Value And Be Content To Stay Putting The Pace of August 2021 Home Sales In Context Harrisonburg Area Home Sales Spike Again In August 2021 Your House Does Not Need To Be Photo Ready When I Visit For The First Time
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Sep 26, 2021 (unless otherwise noted).
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