Judith Sutton ABR CRS IDS PMN ASP IAHSP SRES GREEN
Judy@JudithSutton.com 908 803-0472
EXPECT MORE
ARE YOU WAITING UNTIL SPRING TO SELL YOUR HOUSE?
As the days become longer…one extra hour of daylight can mean so much… Everything feels possible in the Spring! Twilight walks, dinner on the patio, more time in the garden the first blooms of flowers…
Invited Guest Contributor: Current Home Matters
Thinking ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually thought of as the peak homebuying season, you don’t need to wait. Here’s why:
Take Advantage of Lower Mortgage Rates
Last October, the 30-year fixed mortgage rates peaked at 7.79%. In January, they hit their lowest level since May. That means you may not feel as locked into your current mortgage rate right now. That downward trend in rates has made moving more affordable now than it was just a few months ago.
Another reason today’s rates make now a good time to sell? More buyers are jumping back into the market. Many had been waiting on the sidelines for rates to fall, but now that that’s happening, they’re eager and ready to buy. That means more demand for your house.
Get Ahead of Your Competition
Right now, there are still more people looking to buy a home than there are houses for sale, which puts you in a great position. But keep in mind, with the recent uptick in new listings. we’re seeing more sellers who may already be re-entering the market.
Listing your house now helps you beat your competition and makes sure your house will stand out. Price it right and it could sell fast and get multiple offers as well.
Make the Most of Rising Home Prices
Experts forecast home prices will keep increasing this year. What does that mean for you? If you’re ready to sell your current house and plan to buy another one, it may be a good idea to think about moving now before prices go up more. That would give you the chance to buy your next home before it gets more expensive. Why?
Leverage Your Equity
Homeowners today have tremendous amounts of equity in their homes. Some estimate that the average homeowner with a mortgage has more than $300,000 in equity, in some cases. (This can certainly be true in the Somerset Hills area.)
If you have been waiting to sell because you were worried about home affordability, know your equity can help with your next move. It might even cover a big part, or maybe all the down payment for your next home!
Need specific pricing for your home? I can help make sense of your home's value, as I put my team of trusted advisors to work for you! Need clarity to move forward with options? Call me.
Demand is High Inventory is Low Interest Rates Declining
Happy Planning!
For the love of thinking about your home forward,
Adding value for my clients and loving where we live!
Judy@JudithSutton.com
COLDWELL BANKER...GUIDING PEOPLE HOME SINCE 1906
908 803-0472
"...the right relationship means everything..."
SERVING THE SOMERSET HILLS AREA ONE CLIENT AT A TIME
Service & Experience
since 1983
