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There has never been a better time to sell your home! ๐Ÿก

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!

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

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Baby Boomers Buying Myths Community Demographics Distressed Properties Downloadable Down Payments First Time Home Buyers Forbearances For Buyers Foreclosures For Sale By Owners For Sellers FSBOs Garden Generation X Generation Z Gen X Gen Z Holidays Home Household Management Housing Market Updates Infographics Interest Rates Interview Investors Lifestyle Luxury Market Millennials Move-Up Buyers moving New Construction Pricing relocation Remodel Rent vs Buy Report Reviews Selling Myths Senior Market Short Sales Tax Refund Veterans Video

Free eGuide. Things to Consider When Selling Your House. Send me this eGuide.

Free eGuide. Things to Consider When Buying a Home. Send me this eGuide.

Tags

Baby Boomers Buying Myths Community Demographics Distressed Properties Downloadable Down Payments First Time Home Buyers Forbearances For Buyers Foreclosures For Sale By Owners For Sellers FSBOs Garden Generation X Generation Z Gen X Gen Z Holidays Home Household Management Housing Market Updates Infographics Interest Rates Interview Investors Lifestyle Luxury Market Millennials Move-Up Buyers moving New Construction Pricing relocation Remodel Rent vs Buy Report Reviews Selling Myths Senior Market Short Sales Tax Refund Veterans Video

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Remote work isn't just about Zoom calls in PJs. It's an opportunity to change your entire home search game!

๐Ÿ’ก ๐…๐ฅ๐ž๐ฑ๐ข๐›๐ข๐ฅ๐ข๐ญ๐ฒ = ๐Œ๐จ๐ซ๐ž ๐Ž๐ฉ๐ญ๐ข๐จ๐ง๐ฌ
Think bigger yards, extra rooms, and maybe even a lower cost of living! ๐ŸŽ‰

Curious? Call, text, or email me, and let's talk! ๐Ÿ“ฒ

๐Ÿ‘‰ Blog Link for all the ins and outs: https://tamisavage.com/remote-work-is-changing-how-some-buyers-search-for-their-dream-homes/

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๐Ÿก Wondering if Nowโ€™s the Right Time to Sell? ๐Ÿก Wondering if Nowโ€™s the Right Time to Sell? Your Home Equity Might Just Be Your Ace! ๐Ÿก

Equity = Your Home's Value - What You Owe. ๐Ÿค‘ And here's the kickerโ€”nearly 70% of homeowners are sitting pretty with significant equity. So if you've been holding off selling due to mortgage rates, this could be your game-changer!

๐Ÿ“ฒ Got questions about your home equity? Donโ€™t hesitate to call, text, or email me anytime!

๐Ÿ‘‰ Want the full scoop? Check out my latest article on how your home equity can offset affordability challenges: https://tamisavage.com/your-home-equity-can-offset-affordability-challenges/
Regardless of rising mortgage rates, the desire fo Regardless of rising mortgage rates, the desire for dream homes remains strong! ๐Ÿก Buyers are actively searching, eager to find their perfect match. โ 
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Puzzling over why finding the right house seems so Puzzling over why finding the right house seems so challenging lately?โ 
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1๏ธโƒฃ ๐“๐ก๐ž ๐๐ฎ๐ข๐ฅ๐๐ž๐ซ'๐ฌ ๐๐š๐œ๐ค๐ฅ๐จ๐ : We've seen fewer homes built in recent years. And while builders are stepping up the pace, bridging the home gap is taking time. ๐Ÿ—๏ธโ 
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2๏ธโƒฃ ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐‘๐š๐ญ๐ž ๐Œ๐š๐ ๐ง๐ž๐ญ: Many homeowners are glued to their spots, not wanting to let go of their attractive mortgage rates. ๐Ÿ’Žโ 
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So, whether you're aiming to buy, sell, or both, understanding today's housing scene is crucial. ๐Ÿ—๏ธโ 
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Eager to dive deeper? Contact me for a personalized look at the housing inventory in our area, and let's navigate the maze together! โ 
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For a more detailed breakdown: https://tamisavage.com/why-is-housing-inventory-so-low/
Has your trusty home started feeling a tad too... Has your trusty home started feeling a tad too... familiar? If you're toying with the idea of a change, you're in good company!โ 
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๐‡๐ž๐ซ๐ž'๐ฌ ๐ญ๐ก๐ž ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง-๐๐จ๐ฅ๐ฅ๐š๐ซ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง: To buy or to rent next?โ 
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๐Ÿ” Consider the following:โ 
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1๏ธโƒฃ Rent Rise Alert! Historically, rents have been climbing. Yearly hikes? That could put a dent in your retirement fund! Freddie Mac puts it beautifully: With fixed-rate loans, you're locking in a predictable monthly expense, even when life throws those sneaky financial curveballs.โ 
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2๏ธโƒฃ Home Sweet Owned Home! AARP highlights a key truth: Owning a home often outweighs renting. Think stability, investment growth, and truly owning your space.โ 
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Baby boomers, if you're on the fence, reach out! ๐Ÿ’ฌ Let's discuss what makes sense for your golden years and unlock the best path for your next home adventure. ๐Ÿกโ 
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https://tamisavage.com/should-baby-boomers-buy-or-rent-after-selling-their-houses/
Have you ever wondered how tomorrow's home prices Have you ever wondered how tomorrow's home prices might shape your investment today?โ 
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Amidst a sea of mixed news, here's a ray of sunshine: home prices are rising, better than many expected. And guess what? They're forecasted to keep shining bright!โ 
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A recent survey by Pulsenomics got the scoop from over 100 experts โ€“ economists, strategists, and analysts. The consensus? Nationwide home prices are likely to continue their upward trajectory in the coming years, returning to a more steady growth.โ 
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So, what's the golden nugget for you? ๐ŸŒŸ Once you invest in a home, as its value appreciates, so does your wealth! Think of it as planting a tree that grows money leaves over time. ๐ŸŒณ๐Ÿ’ฐโ 
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Considering taking the homebuying leap? Here's the nudge you might need: Today's investment can pave the way for a bright financial future, with your home's value (and your net worth) blossoming. Ready to explore? ๐Ÿ’Œ Contact me, and let's embark on your homebuying journey! ๐Ÿš€ โ 
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https://tamisavage.com/what-experts-project-for-home-prices-over-the-next-5-years/
Retiring is like unlocking a new level in the game Retiring is like unlocking a new level in the game of life. ๐Ÿ—๏ธ As you step into this adventurous chapter, you might wonder, "Is my current home in sync with the life I envision now?"โ 
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๐Ÿ•ฐ๏ธ Quick flashback: Between 1985-2009, most folks stayed in their homes for about six years. But here's an interesting twist: Post-2010, according to our pals at the National Association of Realtors (NAR), this shot up to over nine years!โ 
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If you've been cozying up in your home for a while now, not only have you created cherished memories, but you might also be sitting on a treasure trove of equity. Yup, every mortgage payment and every market surge could mean more value for your home.โ 
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Are you curious about tapping into that equity for your dream retirement home? Let's chat! Contact me, and letโ€™s dive deep into what your home has achieved for you over the years. โ 
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Here's to new beginnings and perfect homes! ๐Ÿกโ 
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https://tamisavage.com/planning-to-retire-your-equity-can-help-you-make-a-move/
๐Ÿก Remember those forecasts last year about home ๐Ÿก Remember those forecasts last year about home prices possibly taking a dip in 2023? Turns out, with the ebb and flow of our market and tight inventory, things stayed steady. It's always fascinating to see how predictions pan out in real-time. Whether you're thinking of buying or selling, let's chat to ensure you're informed about local home values. Knowledge is power! ๐Ÿ’ฌโ 
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https://tamisavage.com/home-price-forecasts-revised-for-2023-infographic/
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