As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don’t actually
Don't Wait Until Spring to Sell Your Home!
Dated: February 1 2024
As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, . Here’s why:
Last October, the 30-year fixed peaked at 7.79%. In January, they hit their since May. That means you may not feel as locked-in to your current mortgage rate right now. That downward trend in rates has made moving 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. to Sam Khater, Chief Economist at :
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 , we’re seeing more sellers may already be re-entering the market.
home prices will keep 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.
If you’ve been waiting to sell because you were worried about home affordability, know your equity can really help with your next move. It might even cover a big part, or maybe all, of the down payment for your next home.
If you're thinking about and moving to another one, reach out to us to make the process smooth and take the stress off your plate. We are always here to help with no strings attached! HBTeam@BHHSPageRealty.com, @HenneyBeecher, 617-694-5548 | 774-696-1998. We are your Local Real Estate Team that Lives Here. Works Here. Plays Here. Enjoy your day!
In real estate, reputation is everything, and we believe in being honest and straight forward both in business and in life.What does this mean for you? You will benefit from our experience, real estat....
Latest Blog Posts
If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates
If you’re thinking about selling your house on your own, called “For Sale by Owner” or FSBO, there are some important things to consider. Going this route means taking on
There’s no denying mortgage rates and home prices are higher now than they were last year and that’s impacting what you can afford. At the same time, there are still fewer