Tami Savage, Realtor

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There has never been a better time to sell your home! 🏡

May 18, 2021 By Tami Savage

Do you have a crystal ball? Well, neither do I.

Right now, there has never been a better time to sell your home, but that may not always be the case.

Hi, I'm Tami Savage with the exp realty.

Back in 2008, when it was very similar to now, prices were booming, we were seeing multiple offers and bidding wars. Buyers were fighting for properties and bidding up prices so high that they weren't even appraising. It was almost like overnight, we went from having it be a total seller's market to being a buyer's market. It truly was insane. We went from having no inventory to having a surplus of inventory. That in conjunction with the bad mortgages caused the real estate market to crash and people were losing their homes left and right.

Now, I don't think we're going to see that happen. However, I do personally feel that there is going to be a correction in the market. I feel it so much so, that I personally just sold my own residence.

So, we just don't have a crystal ball and if you're waiting for the market to go up you just never know when it could shift.

Also think of this. If you sell your home and you get a surplus of money that you weren't expecting because the market is so strong, that means you'll also have more money to purchase a higher priced home.

Also keep in mind that the higher the price of the home typically the less competition there is. You'll still most likely be competing, just like the buyers are for the home you're selling, but if you're moving up and not down at a different price point, chances are it won't be as competitive as what you experienced when you sold.

I'm Tami Savage, your key to a new lifestyle.

Thanks so much and have a great day!

Oh, and be sure to look out for more videos on why now is the right time to sell and I'd love it if you check out my new YouTube Channel, Tami Savage realtor.

See you soon!

YouTube: https://www.youtube.com/channel/UCje-ynLSmvEYv1nXUpNTiMw
Facebook: https://www.facebook.com/TamiSavageRealtor/
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Linkedin: https://www.linkedin.com/in/tamisavage/

Tagged With: For Sellers, Housing Market Updates, Move-Up Buyers

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About Me

I help homeowners sell their existing home and shift into a home more suitable to their needs in the North Metro Atlanta area (specifically around Cumming, Canton, & Milton). Read More…

Let’s Connect

770-744-2524‬ or
(888) 959-9461 x2543

 

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If you're following the news, you might be wondering what could happen to the housing market if there's a recession. Let's connect to discuss why history shows a recession doesn't equal a housing crisis.

SOURCES: 
• https://www.corelogic.com/intelligence/corelogic-hpi-posted-record-year-over-year-growth-in-2021/
• https://www.corelogic.com/intelligence/housing-recessions-and-recoveries/
• https://www.thebalance.com/the-history-of-recessions-in-the-united-states-3306011
A Recession Doesn't Equal a Housing Crisis
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Buyers already know higher mortgage rates can increase their monthly payment.

But sellers might be surprised to learn rising rates could impact them, as well.

Watch the video to find out what you should consider if you’ve been waiting to sell your home.

Then contact us today to schedule a free consultation. Whether you want to buy or sell this year, act fast…before rates rise even further!

📲 770-744-2524
☎️ 888-959-9461 x2543
📩  tami@tamisavage.com
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Go here to request:  https://tamisavage.com/new-summer-2022-buyer-and-seller-guides-are-here/
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Want to better understand how buying a home could be a great investment for you? Let’s connect today.

SOURCE:
• https://news.gallup.com/poll/392330/record-low-say-good-time-buy-house.aspx
More Americans Choose Real Estate as the Best Long Term Investment
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Thinking of Moving Up This Summer?

Here are some features you may want on your wishlist:
• Outdoor entertaining space
• A swimming pool to make a splash
• A quiet place to relax and unwind

Let's connect so you can sell your house and find the home of your dreams.
Thinking of Moving Up This Summer
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If you're thinking of buying or selling a home this year, it's important to know where the market is headed and what that means for you. Let's connect so you have the latest expert insights to help plan your next move.

SOURCES: 
• https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-apr-2022.pdf
https://cdn.nar.realtor/sites/default/files/documents/forecast-q2-2022-us-economic-outlook-04-27-2022.pdf
• https://www.fanniemae.com/media/43346/display
• https://www.freddiemac.com/research/forecast/20220418-quarterly-forecast-purchase-market-will-remain-solid-even-mortgage-rates-rise
• https://pulsenomics.com/surveys/#home-price-expectations
• https://www.corelogic.com/intelligence/u-s-home-price-insights/
• https://www.zelmanassociates.com/
• https://www.marketwatch.com/story/the-pandemic-boom-in-home-sales-is-over-mortgage-rates-soar-to-highest-level-since-2009-as-the-fed-pressures-the-housing-market-11651760108
What's on the Horizon for the Housing Market in the Second Half of 2022?
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There are a number of good reasons you may want to sell your house right now. Let's connect so you have an expert on your side to help you during the process.

SOURCES: 
https://www.reuters.com/business/finance/why-time-is-right-sell-home-us-2022-03-29/ https://www.businessinsider.com/signs-you-should-sell-your-home-2019-7#lifestyle-shifts-are-compelling-you-to-rethink-your-living-space-2
https://blog.firstam.com/economics/why-the-2022-housing-market-is-very-2019
Top Signs Its Time To Sell According to Experts
YouTube Video UCje-ynLSmvEYv1nXUpNTiMw_RceP-LLP230
More sellers are expected to list their houses in the months ahead. Let's connect so you have a trusted real estate advisor on your side and can act when your dream home comes to market.

SOURCES: 
https://news.move.com/2022-04-06-New-Realtor-com-R-Survey-Finds-64-of-2022-Sellers-Plan-to-List-by-Summers-End
https://cdn.nar.realtor/sites/default/files/documents/ehs-03-2022-overview-2022-04-20.pdf
Homebuyers You May Have More Options
YouTube Video UCje-ynLSmvEYv1nXUpNTiMw_RC4-_HXbNuQ
Right now, the average home for sale is getting more offers than in recent years. Let's connect so we can discuss how you can win when you make a move in today's housing market.

SOURCE: 
https://cdn.nar.realtor/sites/default/files/documents/2022-03-realtors-confidence-index-04-20-2022.pdf
Buyers Are Lining Up To Make an Offer in Todays Housing Market
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