Why You Should Consider Selling Your Home Sooner Rather Than Later
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If you haven’t given much thought to selling your home this year or early next year, you might want to think again. If you want to sell your home for maximum profit, it’s time to act quickly.
Here are 3 reasons to consider selling your home in the next year:
Home Prices Are Still Increasing: From coast to coast, home prices continue to rise—which translates to more money in your pocket when you sell.
But the gains are predicted to be more moderate than in years past. Realtor.com data suggest a 3.2% increase year over year, after finishing 2017 with a 5.5% year-over-year increase.
You still stand to make a pretty profit if you sell this year, but the earlier you can list, the better off you'll be.
Millennials Are Looking To Buy Now: Experts predict that millennials will make up a vital part of the buyer pool over the coming year: Millennials could account for 43% of home buyers taking out a mortgage in 2018 (a 3% year-over-year increase), according to inc.com data.
You Can Move to Find Cheaper Property Taxes: The passing of the Tax Cuts and Jobs Act at the end of 2017 means a few significant home-related tax policy changes for subsequent years: Mortgage interest rates are only deductible up to $750,000 in debt and property taxes are only deductible up to $10,000.
Are you interested in selling your home? Contact me today to discuss your options!
